TikTok is reportedly laying off workers to cut costs

TikTok is one of the latest companies to be hit by layoffs sweeping across tech industry over the past year. A spokesperson from the short-form video platform told NPR that the company laid off around 60 employees, mostly from its sales and advertising division across its various offices in the US — Los Angeles, New … Read more

Riot Games is laying off 11 percent of its workforce globally

Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for “Rioters,” with the latter detailing severance package and some other benefits to treat the dismissed employees … Read more

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