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

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

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

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…

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By | 2021-11-26T15:30:23+00:00 November 26th, 2021|Technology|Comments Off on ByteDance said to launch new wave of education job cuts, as employment prospects dim in China’s tech sector