TikTok cuts 60 jobs in sales, advertising division as tech layoffs continue ...Middle East

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TikTok cuts 60 jobs in sales, advertising division as tech layoffs continue
By Zheping Huang ByteDance Ltd.’s TikTok joined a spate of layoffs among technology companies by cutting about 60 jobs, mostly in its sales and advertising division.   The positions affected were based in Los Angeles, New York, Austin and overseas, a company spokesperson said. The number is less than 1% of the company’s roughly 7,000 staff in the US as of March, and is one of the smaller cuts made recently by major tech firms. Alphabet Inc. is laying off dozens of employees at its X moonshot division, shortly after eliminating hundreds of jobs at teams including hardware and Google Assistant recently. EBay Inc. is also cutting about 1,000 jobs, or 9% of full-time employees, whil

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