TikTok is reportedly cutting jobs all around the world as part of a global restructuring
This week’s reports detailed the manner in which some TikTok employees had just lost their jobs. On the other hand, as part of TikTok’s attempts at a global restructure, many more were instructed to prepare for a meeting with the HR department. According to reports, employees in Europe were informed that their jobs were in jeopardy and that they should be prepared for an HR meeting in the coming weeks. In the UK, workers received word that their departmental colleagues would lose their jobs in the meantime. A few minutes after they arrived at work on Monday, July 18, several employees in the United States received word that they had been sacked.
One of the US-based employees, David Ortiz, was also one of the first few executives that ByteDance, the parent firm of the social media network, hired outside of its Chinese headquarters. This week, he posted on LinkedIn about the global restructuring that is directly hurting him. He explained how his position at TikTok was being terminated as part of a larger “reorganization effort” in it. When news organizations contacted a social networking site spokeswoman, they did not dispute the ongoing layoffs. Unfortunately, they did not clarify whether TikTok is genuinely going through a global restructuring or not. Additionally, it gave no lengthy explanation of the precise rationale for the company’s decision to implement these layoffs.
Concerned publications have even gotten in touch with TikTok employees to ask about the layoffs. When questioned, they responded that the social media behemoth was only firing teams and employees who the managers felt had not contributed enough. They claimed that only 100 people—a tiny fraction of the 10,000 workers in Europe and the US—were let go. Evidently, TikTok is not the first digital company to implement such layoffs. Many of the employees from other internet behemoths, like Twitter, Netflix, and Unity, were seen saying goodbye. Similar to this, Tesla Inc. terminated roughly 200 Autopilot staff and shut down a California location. Additionally, Meta has told managers to keep an eye out for underperforming workers, while Rivian is apparently going to let approximately 5% of its workforce leave.