TikTok ban puts brake on parent ByteDance’s India office space expansion plan

TikTok parent ByteDance’s move to lay off employees, following its permanent ban in India, has effectively shuttered the Chinese company’s office expansion plans here.
The company is unlikely to go ahead with its plan to occupy big space in Mumbai’s Goregaon suburb as committed in July, right in the middle of the pandemic and uncertainty over its future in the country, said people with direct knowledge of the development.
The Beijing-headquartered company had entered into a flexible office space deal for 1,250 seats at WeWork India’s Nesco property in Mumbai’s Goregaon suburb last year.
The company was expected to occupy this office this month.