TikTok is cutting jobs around the world

Some TikTok employees have already lost their jobs, while others are being urged to prepare for a meeting with HR as part of the video platform’s global restructuring efforts. Wired reports. According to the publication, European workers have been warned their jobs are at risk and a staff meeting is expected in the coming weeks. Meanwhile, staff in the UK have been told to expect colleagues across all departments to lose their jobs. In the United States, some employees were told they would be fired shortly after arriving at work on Monday morning.

One of those US employees was David Ortiz, who was among the first executives at TikTok parent company ByteDance to be hired outside of China. In a LinkedIn post, Ortiz said his “role is being eliminated in a much larger reorganization effort.” A TikTok spokesman didn’t deny layoffs took place and when Wired asked. However, they also did not confirm that the company is undergoing a global restructuring and did not give the publication a detailed explanation as to why TikTok is cutting jobs.

An employee who spoke to the publication said the company is only cutting employees and teams that managers believe have not contributed enough. They claimed only 100 employees will be laid off, which is a small percentage of around 10,000 employees in the US and Europe. However, TikTok is just one of the big tech, gaming, AV/EV, and social media companies shedding its workforce.

Some of the companies in the industry that have had to lay off people due to the economic downturn are Netflix, Unity, and Twitter. Tesla reportedly laid off 200 Autopilot employees and closed an office in California. Bloomberg said Rivian plans to lay off 5 percent of its workforce. Finally, Meta asked employees to identify underperformers, The information said, and encourage them to leave if they are unable to get back on track.

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https://www.engadget.com/tiktok-layoffs-065758281.html?src=rss TikTok is cutting jobs around the world

Russell Falcon

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