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ByteDance lays off hundreds of employees after China crackdown on tuition companies
Aggregated Source: ChinaLegalBlog.com

TikTok’s parent company, ByteDance, reportedly laid off off hundreds of employees from its education arm, amid Beijing’s crackdown on after-school tuition businesses , according to Bloomberg . Believed to have more than 10,000 employees at one point, at least hundreds of employees will be laid off with compensation, while others will moved to work on different products under the ByteDance umbrella.…

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