layoffs

• TikTok Shop staff just faced a third round of layoffs in three months. What’s the deal?
• TikTok is expected to disband global user operations team amid round of layoffs

  TikTok execs Adam Presser and Zenia Mucha are preparing employees for changes to the app's operations and communications teams.

  
• After cutting 15% of staff and saying goodbye to its CEO, Peloton must figure out what’s next

  Peloton CEO Barry McCarthy is stepping down and the fitness tech company is letting go of approximately 400 employees.

  
• TikTok adds to January tech layoffs by letting go of 60 employees

  TikTok, like Twitch and YouTube, is enduring layoffs in January. The app let go of 60 employees in departments like sales and advertising.

  
• More layoffs at Twitch: The Amazon-owned streamer is cutting about 500 jobs
• As Epic Games builds its ‘Fortnite’ creator program, it’s laying off around 830 employees
• Snap’s latest round of 170 layoffs will affect its business-facing augmented reality division
• TikTok lays off seven employees in music division, citing “efficiency”
• Spotify cuts 200 jobs, consolidates podcast production under Spotify Studios banner
• FaZe Clan’s woes continue with a second round of layoffs in 2023
• YouTube revenue is lagging despite 50 billion daily views on Shorts
• Pinterest just cut another 150 employees