TikTok said to plan job cuts amid a wave of tech industry layoffs

  • 📰 latimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

TikTok plans to lay off employees this week, according to a report in the Information. The job cuts come as other companies have recently cut staff, including Apple and Google in California.

TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law that would ban its service in the U.S. if its Chinese owner doesn't divest. The layoffs are expected to affect employees in content and marketing and user operations, according to technology-focused news outlet the Information, which first reported on the looming job cuts. TikTok did not immediately respond to a request for comment. Some U.S.

An unnamed TikTok employee told CNN that the workforce reduction was not related to the potential ban in the U.S. The cuts come as tech companies have shed their workforce this year to reduce their costs and, in some cases, prepare to hire more people skilled in emerging artificial intelligence tech. It's unclear how many layoffs will occur at TikTok's U.S. headquarters in Culver City. TikTok employs roughly 500 people in Culver City, according to city data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines