TikTok-owner ByteDance cuts hundreds of
jobs in China - SCMP
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[January 03, 2023]
(Reuters) - ByteDance, the Chinese parent company of video app
TikTok, has laid off hundreds of employees across multiple departments
at the end of 2022 as part of a cost-cutting measure, the South China
Morning Post reported on Tuesday.
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![](../images/010323PIX/busine67.jpg)
TikTok logos are seen in this illustration
taken February 15, 2022. Picture taken February 15, 2022. REUTERS/Dado
Ruvic/Illustration/File Photo |
The
job cuts have been implemented at Douyin, the Chinese equivalent
of TikTok with about 600 million daily users, as well as the
company's gaming and real estate operations, SCMP reported
citing sources.
The job cuts represent a small percentage of ByteDance's
workforce, the report added.
ByteDance did not immediately respond to Reuters' request for
comment.
(Reporting by Jyoti Narayan in Bengaluru; Editing by Janane
Venkatraman)
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