As Meta and Twitter slash staff, TikTok plans to keep hiring | CNN Business

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While much of Silicon Valley is grappling with hiring freezes and job cuts, at least one social media company is still planning to keep hiring: TikTok

The short-form video app remains committed to its goal of hiring nearly 1,000 engineers at its Mountain View office, a person familiar with the matter confirmed to CNN on Monday. This specific hiring target is related to the company’s goal of ensuring US user data is overseen by a team based in the United States amid scrutiny in Washington due to its parent company ByteDance’s ties to China. News of TikTok’s hiring plans was first reported by The Information.

Current and former leaders of these companies have said they expanded too fast, particularly during the pandemic as consumers shifted their lives online. Now these same tech companies are facing whiplash in demand and cutting thousands of positions as broader economic conditions crumble and recession fears mount.

 

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Well, this is good news for sure.

Doesn’t hurt, that outdated Silicon Valley business models gets proper competetion 😇

Well, hero of the day.

The day Biden took office, gas was $2.39g, “prosperous” economy, secure border, and no tax payer $ billions war funding (Ukraine). Bidens executive orders have wrecked it all right from the start. Naive gullible democrat voters are the cause.

It's literally paid for my China to destroy America, I am not surprised

The Chinese are hiring.

China

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