Corporate

ByteDance Confirms Layoff Plan at its Indonesian Unit

June 14, 2024, 01.38 PM | Source: Reuters
ByteDance Confirms Layoff Plan at its Indonesian Unit

ILUSTRASI. Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration

LAYOFFS - JAKARTA. China's ByteDance will lay off staff at its Indonesian unit following a deal where it bought a local e-commerce firm and combined it with its TikTok operation, a spokesperson said on Friday.

ByteDance, the owner of TikTok, did not say how many employees would be affected. Bloomberg had earlier reported there would be 450 jobs cut.

Read Also: What Is So Special About TikTok's Technology

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Yudho Winarto
Latest News