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TikTok Layoffs | ByteDance cuts hundreds of jobs globally as platform shifts to AI moderation: Report
Livemint
·
1y ago
Medial
- TikTok's parent company, ByteDance, has reportedly laid off hundreds of employees worldwide as the platform transitions towards AI moderation. - This move is aimed at improving content moderation on the platform and comes amidst increased scrutiny from regulators and concerns over user safety. - ByteDance's decision to implement AI moderation is expected to streamline operations and reduce reliance on human moderators. - The layoffs are part of ByteDance's broader restructuring efforts to adapt to changing market dynamics and ensure long-term sustainability. - The company's focus on AI moderation highlights the growing importance of technology in addressing content moderation challenges faced by social media platforms.
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Related News
TikTok lays off hundreds, intensifies focus on AI for moderation
Livemint
·
1y ago
Medial
- TikTok is laying off hundreds of employees worldwide, including a significant number in Malaysia, to enhance content moderation through AI. - Fewer than 500 employees in Malaysia are affected by the layoffs, primarily from the content moderation teams. - TikTok aims to strengthen its moderation model by investing $2 billion globally in trust and safety initiatives, with 80% of content violations currently being removed through AI systems. - The layoffs come as TikTok faces increased scrutiny in Malaysia due to stricter regulations and a surge in harmful online content. - ByteDance, TikTok's parent company, is reassessing regional operations and may consider further retrenchments globally in the future.
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TikTok Replaces Human Content Moderators with AI
StartupTalky
·
6m ago
Medial
TikTok is replacing human content moderators with AI, leading to job cuts globally. In Berlin, the trust and safety division is set to shut down, affecting 150 jobs and moderation for 32 million German-speaking users. This is part of a global cost-cutting strategy that aims to enhance efficiency. Despite protests from German workers and unions demanding negotiations, TikTok remains firm on its decision to use automated systems and external contractors for content moderation.
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Tech layoffs in January 2024: CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others
Startup News FYI
·
2y ago
Medial
In January 2024, several tech companies implemented job cuts. Frontdesk fired all 200 employees during a two-minute call, Google laid off hundreds of staff across various divisions, Microsoft cut 1,900 jobs, Amazon announced layoffs in Audiobooks, Prime Video, and Twitch divisions, Xerox reduced its workforce by 15%, Unity Software cut 1,800 jobs, Discord laid off 17% of its employees, eBay cut 1,000 jobs, Flipkart laid off 1,000 employees, Swiggy laid off 400 employees, Riot Games cut 11% of its staff, TikTok laid off 60 workers, and Salesforce announced 700 job cuts.
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A comprehensive list of 2024 tech layoffs | TechCrunch
TechCrunch
·
1y ago
Medial
The tech industry has seen a persistent wave of layoffs in 2024, following cuts in prior years. Over 130,000 jobs have been eliminated across 457 companies, including major players like Tesla, Amazon, Google, Microsoft, and TikTok. Many smaller startups have also experienced layoffs or shut down. This downtrend reflects tech companies' increased focus on AI and automation, impacting jobs once considered safe. These layoffs highlight the human cost amidst the ongoing push for innovation.
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ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
Economic Times
·
1y ago
Medial
ByteDance, owner of TikTok, plans over $20 billion in capital expenditure for 2025, primarily on artificial intelligence infrastructure like data centers and networking. Around half of this will be spent internationally. Key beneficiaries include Huawei, Cambricon Technologies, and Nvidia. ByteDance aims to bolster its AI offerings globally while facing challenges like the future of TikTok in the U.S. This move positions ByteDance against rivals such as Baidu and Tencent, enhancing its AI applications portfolio.
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TikTok: key things to know about the video sharing platform - The Economic Times
Economic Times
·
1m ago
Medial
TikTok, a video-sharing platform with over a billion users globally, including 170 million in the U.S., faces scrutiny due to privacy concerns and alleged ties to the Chinese government. Launched by ByteDance in 2016, it gained traction after merging with Musical.ly. The platform's success is attributed to its recommendation algorithm, engaging short clips, and broad user appeal. Recently, TikTok formed a U.S.-based joint venture to address regulatory challenges, with ByteDance retaining a minority stake.
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China's ByteDance to overhaul VR arm Pico as global demand declines
Economic Times
·
2y ago
Medial
ByteDance's VR arm, Pico, is set to cut jobs and undergo a major overhaul due to decreased global demand for VR headsets. Much of Pico's software team will be integrated into ByteDance's product development team, while the hardware team will remain intact. Although the number of job cuts hasn't been specified, it is expected to impact "hundreds" of Pico staff worldwide. The restructuring is a setback for ByteDance, which acquired Pico in 2021 to compete with Meta's Quest VR headsets.
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Pure fiction: TikTok on report of US unit's sale to Elon Musk
Inshorts
·
1y ago
Medial
TikTok on Monday dismissed a Bloomberg report suggesting China might allow the potential sale of the platform's US operations to billionaire Elon Musk. "We can't be expected to comment on pure fiction," a TikTok spokesperson said. Last year, the Joe Biden administration passed a law that requires TikTok's parent company ByteDance to either sell the platform or shut it down.
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Amazon Plans Major Layoffs Next Week
StartupTalky
·
1m ago
Medial
Amazon plans to eliminate 30,000 corporate jobs globally, marking the largest layoff in its history. The cuts, expected to begin on January 27, will impact divisions such as AWS, retail, Prime Video, and HR. Though representing only a small fraction of its 1.58 million global workforce, this reduction will affect about 10% of Amazon's corporate employees. CEO Andy Jassy attributes the layoffs to increased efficiency through artificial intelligence, potentially replacing up to 600,000 jobs by 2033.
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TikTok layoffs: Employees of TikTok’s ecommerce business face layoffs - The Economic Times
Economic Times
·
7m ago
Medial
TikTok and its parent company, ByteDance, are reportedly planning layoffs affecting TikTok Shop staff, part of an internal restructuring amidst challenges in the U.S. market. The company informed employees about upcoming organizational changes aimed at creating more efficient operating models for long-term growth. Despite efforts to succeed in the U.S., the e-commerce business struggled, prompting leadership replacements and layoffs. This comes as regulatory uncertainties persist for TikTok's future in the U.S.
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