Showing 12 of 127 posts with this tag
ByteDance's internal email showed that the internet giant had recently cancelled its Talent Development Center. The existing team members have been given priority for internal transfers, and if there were no suitable positions, they would likely leave the company.
Shopee, an e-commerce giant in Southeast Asia, is launching a layoff plan.
With the implementation of the so-called "double reduction" policy, ByteDance's Dali Education and Gaotu to layoff employees. Bytedance did not confirm this report.
Reports have emerged recently alleging major staff layoffs within Chinese fresh grocery e-commerce firm Dingdong Macai. The company has responded to the news, assuring that all business is in normal operation.
SenseTime initiates organizational restructuring and layoffs, affecting businesses such as security, autonomous driving, and healthcare.
Pony.ai, an autonomous driving company co-located in the Silicon Valley, Beijing, and Guangzhou, is undergoing business adjustments.
Many sources are saying that Tesla China has begun a layoff plan in which 10% of the staff will be let go. However, such plan does not involve the manufacturing department.
Blizzard China responds to layoffs: it is part of a global personnel adjustment, and restoring the operation of Blizzard games in China is currently one of the main priorities.
The cumulative number of layoffs in the technology industry so far this year is now estimated to have exceeded 100,000. For the Chinese community, the tide of layoffs in the internet sector has spread anxiety.
Reports have emerged claiming that the former CEO and CFO of Huobi, a crypto exchange that has been purchased by a Hong Kong-based investment company, have resigned, and that large-scale layoffs will be carried out. However, this report was then denied by company officials.
People from ByteDance said that the short video sharing app TikTok is adjusting its global business.
Liang Rubo, CEO of Chinese internet technology company ByteDance, said at the All-Hands employee meeting held on December 14 that the company would continue to make structural and personnel adjustments, which will be mild.