News > ByteDance confirms layoff plan at its Indonesian unit

ByteDance confirms layoff plan at its Indonesian unit

14/06/2024 01:17 PM | Click to read full article

In January, ByteDance completed a deal to buy a majority stake in Tokopedia, an Indonesian e-commerce firm. ByteDance spokesperson Nuraini Razak said the company would "make necessary adjustments" as a result of the combination of TikTok and Tokopedia. "We identified areas to strengthen our organisation and better align our teams with company goals," she said, adding the company would "aim to support employees throughout this transition."

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