ByteDance said to launch new wave of education job cuts, as employment prospects dim in China’s tech sector

Published Nov 26 2021 at 3:30 PM GMT
  • Beijing-based ByteDance, which operates TikTok and its Chinese version Douyin, is expected to cut at least 1,000 jobs at its education unit, marking a sharp contrast to this time a year ago when the tech giant’s thirst for fresh talent seemed insatiable.
  • The move by China’s most-valued unicorn is a sign of dimming job prospects within the country’s technology sector after a sweeping regulatory crackdown by Beijing in the past year.
  • Although Big Tech companies have a reputation for long hours and….



  • Published Nov 26, 2021 3:30 PM GMT