Re:TikTok-owner ByteDance planning to layoff thousands in co...
by Aromasin on Friday February 24, 2023 @04:24AM
(#34922676)
I did try to find data but couldn't. Pure anecdata from friends in the industry and observations from vlogs/blogs, it's very similar, maybe a bit higher - reaching 10% perhaps but not much more.
The engineers that were axed were in business units that focused on unprofitable products, and couldn't or wouldn't relocate to other engineering teams in the company. Think Amazon's devices unit. Even then, the they were mostly kept around, and administrative roles were the first to go.
The engineers that were axed were in business units that focused on unprofitable products, and couldn't or wouldn't relocate to other engineering teams in the company. Think Amazon's devices unit. Even then, the they were mostly kept around, and administrative roles were the first to go.