TikTok is making layoffs around the world

TikTok is making layoffs around the world

Some employees of TikTok have already lost their jobs, others are preparing for an interview with human resources as part of a major global restructuring program for the video platform’s staff, according to Wired. According to the American magazine’s article, European employees have been warned that their jobs could be cut and that they can expect an appointment with HR in the coming weeks. In the UK, it has been said that employees in all departments could soon leave their posts. In the United States, some learned that they were going to be laid off when they arrived at the office on Monday morning.

TikTok is making layoffs around the world

Among these American employees, David Ortiz, who was among the first executives hired outside of China by the parent company of TikTok, ByteDance. In a post on LinkedIn, he explained that his “role is being phased out as part of a major reorganization program”. A TikTok spokesperson did not deny layoffs were underway when asked by Wired. However, he also did not confirm that the company was undergoing a global restructuring and did not provide any details as to the cause of these layoffs.

However, no figures, no reasons have been communicated.

An employee told the magazine that the company only lets go of employees or teams who their managers believe haven’t contributed enough. Only 100 employees would be laid off in total, which is only a very small percentage of the 10,000 employees present in the United States and Europe. That being said, TikTok is just one of many other tech companies currently cutting its payroll.

Among the tech companies that have had to part with many of their employees, we could cite Netflix, Unity and Twitter. Tesla reported laying off 200 employees working on the Autopilot program and even closing an office in California. Bloomberg reported that Rivian has planned a 5% staff reduction and Meta has told its managers to identify underperforming employees and direct them out if they fail to do better.

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.