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TikTok cuts about 60 jobs as January layoffs continue across tech industry

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In a world where tech giants often seem like faceless entities, TikTok takes a moment to share the human side of its story. As the calendar turned to 2024, TikTok made the tough decision to bid farewell to about 60 team members. Looks like it’s echoing a trend seen across the tech industry.

TikTok Layoffs

A Personal Touch to Reshuffling

Behind every layoff is a person. And the company wants everyone to know that these individuals can still be part of the TikTok-family. A spokesperson emphasized that those affected are not left adrift. They’re encouraged to apply for any of the over 120 open internal roles within TikTok. It’s not just about saying goodbye; it’s about opening new doors.

Routine Reorganization Unveiled

NPR broke the news on a Monday evening, revealing that TikTok’s parent company, ByteDance, framed the layoffs as part of a routine reorganization. Sales and advertising staff across offices in Los Angeles, New York, Austin, Texas, and beyond found themselves touched by this wave of change.

TikTok in the Wider Tech Symphony

The company isn’t dancing alone in this tune of change. Tech bigwigs like Amazon, Alphabet, Unity, Discord, and Trend Micro have all joined the chorus of downsizing in January. It’s a rhythm heard since the past year, where the tech industry decided to slim down and cut costs after a period of booming growth.

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Beyond TikTok: Riot Games’ Note

Zooming out, Tencent’s Riot Games also announced a reduction, slicing 11% of its workforce—approximately 530 employees. Riot Games CEO Dylan Jadeja wrote a personal letter to staff members explaining that these layoffs were a necessary step to “create focus and move us toward a more sustainable future.”

Beyond the Stats: ByteDance and TikTok

By 2023, TikTok will have proudly employed over 7,000 people in the United States. Adding to ByteDance’s enormous worldwide workforce of over 150,000 employees. When ByteDance dissolved its gaming company, Nuverse, it garnered media attention and signaled a tactical change in the competitive gaming market.

The Symphony of Change in the Tech Sector

These actions are a part of the tech industry’s ongoing symphony of change, not single notes. The company’s self-reflection regularly includes such steps, the spokeswoman stressed, guaranteeing long-term strategic progress.

Closing Notes

It’s not just about the headlines as TikTok and the larger tech sector manage these changes. It’s also about the individuals who work behind the scenes. Every departure on the company is a tale, and everyone is welcome to join it. The effects on specific businesses as well as the future of the IT sector as a whole will be widely watched in this changing environment.

Lovedeep Kaur

Digital Marketer, Writer, and Project Management Specialist!

https://ilovedeepkaur.github.io/portfolio/

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