TikTok parent ByteDance to cut 1,000 gaming jobs in strategic shift

Layoffs come as China company intensifies efforts in generative AI

20231127N bytedance logo REU

ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016. © Reuters

CISSY ZHOU, Nikkei staff writer

HONG KONG -- ByteDance is cutting around 1,000 jobs in its gaming unit in the biggest shakeup of what was once intended to be a key segment for the Chinese internet company, people familiar with the matter say.

The company will discontinue games that have yet to launch, except for a few innovative projects, one source said, adding that ByteDance will continue to operate titles already available as it seeks to divest them.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.