TikTok's Parent Company ByteDance Halts Hiring in India
ByteDance has frozen hiring and reassigned some senior management roles in India amid people leaving or looking to exit the Chinese company following the ban on its TikTok and Helo apps, according to multiple people familiar with the matter.
The company, which has 2,000 employees in India, is trying to hold on to staff amid discussions of a sale of TikTok with Microsoft and Twitter. No formal layoffs are taking place and the company has emphasised to employees, through internal communications, that the situation is stable, the people said.
This text is a result of machine translation.
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