A spokesperson for the company confirmed Tuesday that the
social media platform is cutting 60 jobs. The company did not provide a reason
for the layoffs. It said impacted workers can apply to other open positions at
TikTok, which currently has more than 120 similar job listings.
TikTok is owned by Beijing-based ByteDance and has more than
150 million users in the U.S. The social media platform is known for short-form
video content popular among Gen Z and younger users. In September, it also
launched an e-commerce arm and marketplace that allows merchants to sell
products on its platform.
The layoffs follow other job cuts at major tech companies
this year, including at social media platforms like Discord and Twitch, which
is owned by Amazon.
Twitch said earlier this month it was cutting more than 500
jobs in a bid to save on costs. Meanwhile, Discord laid off 17% of its staff –
or 170 employees – to bring more agility to its workforce, the company said.
Amazon’s other businesses, such as the audiobook service
Audible and its Prime Video and MGM Studios unit, have also been impacted by
layoffs. Google, meanwhile, cut hundreds of employees off its payroll to save
on costs.
All told, the tech industry has shed more than 10,000 jobs
this year, according to the tech job tracking site layoffs.fyi.
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