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TikTok planning global layoffs after US signs controversial ban into law
TikTok is reportedly set to conduct a round of global layoffs across its operations and marketing teams. About 1,000 staff will be affected.
(Photo by Jaap Arriens/NurPhoto via Getty Images)The ByteDance-owned social media company, which has roughly 38,000 staff members worldwide, will conduct a “large” round of layoffs, as first reported by The Information on Wednesday. The news comes after President Biden signed a bill(on April 24th) to ban TikTok in the US, if ByteDance didn’t sell the platform off to an American owner. TikTok last cut about 60 jobs in January as part of what it called a “routine reorganisation”, affecting staff in sales and advertising across the United States.
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