Tag: ByteDance

ByteDance announces new buyback offers for global employees

ByteDance, the parent company of TikTok, has unveiled an expansive buyback initiative for its employees beyond US borders. The company is offering its global...

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...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...

Harness.io: Cultivating a talent powerhouse in the tech crucible

The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...

Freixenet to cut 80% roles

In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...

Latest

Google layoffs

Google terminates 28 employees over Israel protests

Google terminated 28 employees following protests staged by a small group of Alphabet workers against the tech giant's collaboration with Israel. The protests, which...

Apple may create 5 lakh jobs in India by 2027

Apple is gearing to increase its workforce strength in India to five lakh over a period of three years or so. It is pertinent...

20 more Googlers terminated for taking undue advantage of ‘open culture’

Close on the heels of warning employees about the repercussions of violating office policies, Google has fired 20 more employees. These terminations are in...

Did Lufthansa incur huge losses due to strikes by staff?

Lufthansa Group apparently posted losses to the tune of €849 million in March 2024, whereas its losses in Q1 of 2023 were only €273...

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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