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TikTok Shop Cuts More US Workers in Third Layoff Round Since April

TikTok is cutting more workers from its US e-commerce division, TikTok Shop, the third round of layoffs for that team since April.“As the TikTok Shop business evolves, we regularly review our operations to ensure long-term success,” a spokesperson for the video-sharing app said in a statement Wednesday. “We’ve made the difficult decision to adjust parts of our team to better align with strategic priorities.” TikTok didn’t respond to the question of how many people are being cut....

Read more at bloomberg.com

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