Report post

Did TikTok lay off US employees?

The company laid off some US staff and told workers in Europe and the UK that their jobs are at risk. TikTok has begun a global restructuring of its business that includes layoffs, according to five people with knowledge of the process.

Which companies have been impacted by layoffs?

Amazon’s other businesses, such as the audiobook service Audible and its Prime Video and MGM Studios unit, have also been impacted by layoffs. Google, meanwhile, cut hundreds of employees off its payroll to save on costs. All told, the tech industry has shed more than 10,000 jobs this year, according to the tech job tracking site layoffs.fyi.

How many TikTok employees will be laid off in 2023?

The Information reported that a “large percentage” of the roughly 1,000 employees who work on the affected teams could be laid off. In 2023, TikTok disclosed that it had 7,000 employees in the United States alone. TikTok is planning to lay off large swaths of its operations and marketing workforce, current employees briefed on the plans told CNN.

The World's Leading Crypto Trading Platform

Get my welcome gifts