Reuters news agency reported that TikTok has announced a global workforce reduction, with reports indicating that its Malaysia branch has laid off over 700 employees. However, TikTok has confirmed that the actual number of impacted positions is less than 500.
TikTok stated that this round of layoffs will affect branches worldwide, primarily focusing on content moderation roles. The company plans to utilize AI more extensively in this capacity.
Currently, ByteDance, the parent company of TikTok, has over 110,000 employees in 200 cities worldwide.
Source: Reuters
TLDR: TikTok announces global workforce reduction, with Malaysia branch laying off over 700 employees. However, actual impact is less than 500 positions. ByteDance, TikTok’s parent company, has over 110,000 employees globally.
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