TikTok lays off more employees working on TikTok Shop US

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Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted.

TikTok Shop US, the company’s e-commerce retailer, launched less than two years ago, selling a variety of products and offering creators commissions for their videos that trigger sales. While Shop remains TikTok’s fastest-growing business, TikTok’s fate…



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TikTok lays off more employees working on TikTok Shop US


Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted.

TikTok Shop US, the company’s e-commerce retailer, launched less than two years ago, selling a variety of products and offering creators commissions for their videos that trigger sales. While Shop remains TikTok’s fastest-growing business, TikTok’s fate…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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