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.
Layoffs come as China company intensifies efforts in generative AI
ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016. © Reuters
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.