Short video app TikTok hands over pink slips, fires entire India staff
Short video app TikTok fired its entire India staff on Monday, a report by the Economic Times (ET) said, quoting sources aware of the matter. Forty people were laid off and were offered severance pay of up to nine months.
“The TikTok India employees were told that February 28 would be their last day and were given feelers to look out for other opportunities for some time as it was conveyed that restarting India operations were not going to take off because of the government’s stance on Chinese apps,” a source told ET.
“The entire team was informed. We were anyway told some time ago that business in India may be shut off, so look for jobs. Most people will be given 90 days severance,” another source told ET.