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Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016 (Cissy Zhou/Nikkei Asia)

Cissy Zhou / Nikkei Asia:

Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016  —  Layoffs come as China company intensifies efforts in generative AI  —  ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016.


http://www.techmeme.com/231127/p14?utm_source=dlvr.it&utm_medium=blogger#a231127p14

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