Tag: ByteDance

ByteDance restructures gaming division, halting projects & exploring divestment

After two years of modest performance, ByteDance's gaming division, Nuverse, is undergoing substantial downsizing. Bytedance, the parent company of TikTok, is instructing its employees to...

TikTok parent company ByteDance allows U.S. employees to sell shares early

ByteDance, the Chinese parent company of TikTok, has allowed its U.S. employees to cash out their shares before the company goes public. The move...

TikTok restructures globally, lays off staff

TikTok has not only fired some of its staff in the US, but also told some in Britain and Europe that their employment is...

ByteDance lays off people as part of restructuring

Chinese multinational internet technology company, ByteDance, is going through a major restructuring process. As part of the exercise, it is laying off people in...

TikTok to close India business, large-scale layoffs expected

With restrictions on its services still in place, Bytedance, which owns TikTok, has decided to close its business in India. Along with 58 other...

China-based ByteDance recruiting for its AI drug-discovery team

Tik Tok's parent company, ByteDance, is diversifying into the health industry. It will start hiring for its AI drug discovery team. At least five...

Bonuses for ByteDance employees in India, amidst pandemic and TikTok ban

Beijing-based Chinese internet technology company, ByteDance, has announced cash bonuses to all its eligible staff, which is good news for its 2,000 strong workforce...

ByteDance freezes hiring, reassigns senior roles in India

ByteDance, the parent company of TikTok, has put a stop to hiring and is trying to reallocate roles of senior managers in its India...

UC Web winds up in India, lays off 90% staff

UC Web, subsidiary of the China-based multinational firm, Alibaba Group, has suspended its India operations. It has asked 90 per cent of its workforce...

SMEs should be cautious while using AI for L&D

As small and medium enterprises (SMEs) increasingly embrace artificial intelligence (AI) for learning and development initiatives, it becomes imperative to carefully navigate the landscape...

What’re the HR software for small businesses, SMEs and startups?

Human resources (HR) software have come to be indispensable tools for businesses of all sizes, including small businesses, SMEs (small and medium-sized enterprises) and...

PARTNER POSTS

Future of talent acquisition in the age of generative AI

If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...

Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition

Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...

Nio plans more job cuts for more efficiency, cost saving

Nio Inc., a Chinese electric vehicle (EV) manufacturer, is considering additional job cuts following its recent announcement of a 10 per cent workforce reduction...

Latest

Rs 1 cr salary offered at IIT Kharagpur placement drive

There is placement news that will bring cheer to students who are worried about getting good job offers given the global economic slowdown. Students...

NSDL Payments Bank gets IndusInd’s Vasundhra Paruelekar as head-HR

The NSDL Payments Bank, a branch of National Securities Depository (NSDL), has appointed Vasundhra Paruelekar as its new head-human resources, effective immediately. She will...

Olive India reduces staff; cites redundancy

Olive India, an edtech company in Technopark, Thiruvananthapuram, has announced workforce reductions in two of its divisions. The company will let go of 55...

Australia rejects employee email privacy dispute

Turning down a dispute over email privacy concerns, the Australian information commissioner rejected the complaint filed by an employee accusing his former employer. The...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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