ByteDance has stated the Chinese language authorities doesn’t have any jurisdiction over TikTok content material.
Beijing/Shanghai:
TikTok proprietor ByteDance stated on Tuesday it might hand out money bonuses to staff working to assist it “overcome challenges posed by the COVID-19 pandemic and altering macro atmosphere”.
Full-time staff who’ve labored for 26 or extra working days between July to August can be given a bonus price half their August base wage, in accordance with a letter from ByteDance to its staff that was seen by Reuters.
“Thanks on your laborious work and dedication,” the letter says. ByteDance has stated it has over 60,000 staff globally.
The bonus might run into a whole bunch of thousands and thousands of yuan, based mostly on ByteDance’s hiring ads and firm sources.
ByteDance confirmed the letter however didn’t present particulars.
ByteDance has come underneath world scrutiny amid considerations about TikTok’s assortment of private information and censoring of political content material. The USA has stated it’s going to ban the brief video app except ByteDance sells the app’s U.S. operations amid rising tensions between Washington and Beijing.
ByteDance has stated the Chinese language authorities doesn’t have any jurisdiction over TikTok content material.
TikTok has additionally confronted challenges in India, the place it was amongst dozens of Chinese language apps banned in June following a border conflict between the international locations.
“The TikTok crew and particularly the deal crew have been working day in and time out,” an organization supply stated, including workers morale at TikTok had been hit by the worldwide challenges in addition to the departure of its CEO Kevin Mayer who stop after simply three months.
ByteDance founder and CEO, Zhang Yiming, stated in an earlier letter that the workers had been working “limitless hours” amid the encircling “noise”.
ByteDance’s money bonuses, which come as many corporations face monetary stress on account of COVID-19 and a slowing financial system, was on Tuesday among the many most mentioned subjects on Maimai, China’s model of LinkedIn.
Late final 12 months, Chinese language telecoms big Huawei additionally stated it might hand out 2 billion yuan ($293 million) in money rewards to workers as a mark of recognition for work within the face of a U.S. commerce blacklisting.
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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