TikTok Owner ByteDance Cuts Hundreds Of Jobs In Gaming Division: Report ...Middle East

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TikTok Owner ByteDance Cuts Hundreds Of Jobs In Gaming Division: Report
Nuverse, a video game publisher is a subsidiary of Beijing-based ByteDance (Representational) Beijing: Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source familiar with the matter told AFP on Monday. The move marks a retreat from the competitive video gaming sector. Nuverse, a video game publisher that is a subsidiary of Beijing-based ByteDance, is currently conducting a round of layoffs that will affect “several hundred people”, said the source. “We regularly review our businesses and make adjustments to center on long-term strategic growth areas. Following a recent review, we’ve made the difficult decision to restructure o

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