Cissy Zhou / Nikkei Asia:

Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016  —  Layoffs come as China company intensifies efforts in generative AI  —  ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016.

Cissy Zhou / Nikkei Asia:

Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016  —  Layoffs come as China company intensifies efforts in generative AI  —  ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016.

Source: TechMeme
Source Link: http://www.techmeme.com/231127/p14#a231127p14