Home » Bytedance layoffs up to 70%, the company’s response to the news is true | TikTok | TikTok | North Carolina, Triangle, layoffs

Bytedance layoffs up to 70%, the company’s response to the news is true | TikTok | TikTok | North Carolina, Triangle, layoffs

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[EpochTimesOctober192021](Epoch Times reporter Liu Yi comprehensive report) Employees of Beijing ByteDance Technology Co., Ltd. (ByteDance) recently stated that the company is layoffs, and ByteDance responded to this that the layoff information is true . The news appeared on Baidu’s hot search on October 19.

According to a report by The Paper on October 19, Bytedance employees posted on the Workplace APP platform a few days ago that the company’s commercialization team is in the process of adjusting, “Wenzhou has all been laid off.” Calls must be cut by 30% to 70%”.

The relevant person in charge of ByteDance hr (human resources department) said in response to the surging news inquiries that the layoff information is true and is the company’s normal business adjustments.

According to reports, on the workplace platform APP, an employee of ByteDance said that the commercial team, including Byte Education, Byte Game and other business lines, has news of layoffs.

According to a report by the new mainland media Leopard Change on October 19, around November this year, the Bytedance Henan Luoyang Direct Management Center has been removed first. On October 12, the local direct-operated center in Wenzhou withdrew from the city and became the first area in Zhejiang to withdraw from the city. In addition to retaining a local life business team of a dozen people to take care of the aftermath, more than 100 people were ordered to complete the resignation procedures within 2 days. It is expected that by the end of October, BYD Jinhua’s commercial team will also complete the dismissal.

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ByteDance is a multinational Internet technology company located in Beijing, China. It was established in March 2012. Its products include Toutiao and Douyin (and its overseas version TikTok).

Editor in charge: Lin Congwen

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