The layoffs are impacting teams across WhatsApp, Instagram, Threads and other divisions
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The company appointed Alain Tascan as president & Jeet Shroff as VP of games tech division, and has laid off employees for cost-cutting
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TikTok's spokesperson said the decision reflects their ongoing efforts to optimise their global operating model for content moderation
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This restructuring plan is part of CEO Andy Jassy’s broader strategy to streamline operations and enhance efficiency across the company
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The layoffs are expected to impact around 10% of employees in Southeast Asia, Australia and New Zealand
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Roughly 140 employees have alredy been affected from its television vision in July 2024
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Workers are no longer looking for a job that they can stay in for decades, instead, they want skills that will make them employable across multiple sectors. With traditional job security becoming increasingly elusive, many believe that L&D could be the new form of stability
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Even though the company's US operations are the main target of these layoffs, the restructuring will effect jobs all over the world.
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For Indian workers on H-1B visas, the situation is precarious as they have only a limited time to find a new job before being forced to leave the country
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"Unlike traditional layoffs, this one was done in secret. My manager told me that they were required to sign an NDA not to talk about the specifics,” one insider told the publication
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