The Entrepreneurs Weekly
No Result
View All Result
Tuesday, July 1, 2025
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home Business

Layoffs and Hiring Freezes Hit TikTok, Apple

by Brand Post
July 19, 2022
in Business
0
Layoffs and Hiring Freezes Hit TikTok, Apple
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


TikTok is set to implement internal reforms — and that will include layoffs, Wired reported Tuesday, citing “five people with knowledge of the process.”

TikTok had plans to hire thousands of people in the U.S., and reached a workforce in the country of about 1,500 in mid-2020, per the Wall Street Journal. The company said it had 1 billion monthly users in 2021 which has reportedly scared social media giant Meta into imitating its algorithm and structure.

But even TikTok is not immune to the layoffs and hiring freezes that have recently hit the tech industry.

Wired reported that those staff cuts would mostly be in the UK, Europe, and the U.S., and would involve nixing open roles and putting aside plans to enlarge other teams.

One source told Wired the layoffs could be as few as 100 people and the layoffs “were focused on individuals and teams that managers believed were not contributing enough to the company,” the outlet wrote.

Wired also reported that employees in Europe were told their jobs were in danger, and HR meetings were in the pipeline.

A former TikTok employee told the outlet TikTok is not unique in this scenario.

“I don’t think what’s happening here with TikTok’s layoffs is any different to what’s going on in big tech,” they said.

Even Apple is feeling the pressure — Bloomberg reported Tuesday the tech giant planned to pump the brakes slightly on spending and hiring for certain company sectors next year.

Despite the fun of using the app, TikTok has a notoriously intense working culture. One former TikTok employee told the WSJ that she bled through her pants rather than depart from back-to-back meetings to get a tampon, for example. Sources also told the outlet they dealt with the intense environment because they hope for a windfall if the parent company goes public.

TikTok did not immediately respond to a request for comment.



Source link

Tags: News and TrendsTech layoffstiktok

Related Posts

AI Startup TML From Ex-OpenAI Exec Mira Murati Pays 0,000 | Entrepreneur
Business

AI Startup TML From Ex-OpenAI Exec Mira Murati Pays $500,000 | Entrepreneur

July 1, 2025
He Went From 1K in Debt to Teaching Others How to Succeed | Entrepreneur
Business

He Went From $471K in Debt to Teaching Others How to Succeed | Entrepreneur

July 1, 2025
How One Founder Is Rethinking Supplements With David Beckham | Entrepreneur
Business

How One Founder Is Rethinking Supplements With David Beckham | Entrepreneur

July 1, 2025
  • Trending
  • Comments
  • Latest
Meet Amir Kenzo: A Well Known Musical Artist From Iran.

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022
Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

April 20, 2024
Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

May 10, 2024
Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

August 8, 2024
Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget’s Tips and Tricks on Having a Career in Real Estate

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0
AI Startup TML From Ex-OpenAI Exec Mira Murati Pays 0,000 | Entrepreneur

AI Startup TML From Ex-OpenAI Exec Mira Murati Pays $500,000 | Entrepreneur

July 1, 2025
He Went From 1K in Debt to Teaching Others How to Succeed | Entrepreneur

He Went From $471K in Debt to Teaching Others How to Succeed | Entrepreneur

July 1, 2025
How One Founder Is Rethinking Supplements With David Beckham | Entrepreneur

How One Founder Is Rethinking Supplements With David Beckham | Entrepreneur

July 1, 2025
US Foods CMO on Brand-Building, AI | Entrepreneur

US Foods CMO on Brand-Building, AI | Entrepreneur

July 1, 2025

The EW prides itself on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

Transcending the bounds of Chicago to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

NEWS

  • Business
  • Politics
  • Entrepreneurship
  • Entertainment
Instagram Facebook

© 2024 Entrepreneurs Weekly.  All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
  • POLITICS
  • BUSINESS
  • CONTACT US
  • ADVERTISEMENT

Copyright © 2024 - The Entrepreneurs Weekly

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In