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
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