TikTok Music has launched on Wednesday in Australia, Singapore and Mexico to a small group of users.
TikTok has cut about 60 jobs, CNBC confirmed, the latest tech company to downsize at the start of 2024.
Tech companies like Amazon , Alphabet , Unity , Discord and Trend Micro have all cut staff in January, continuing a trend from last year, when the industry slimmed down and slashed costs following an extended boom.
In November, ByteDance slashed hundreds of jobs in the company's gaming division, Nuverse.
The layoffs indicated that ByteDance was scaling back its gaming efforts, an area where it's been competing with Chinese rivals Tencent and NetEase.
Persons:
Dylan Jadeja, TikTok, ByteDance, it's, Tencent, we've
Organizations:
CNBC, NPR, Tech, Riot, Apple
Locations:
Australia, Singapore, Mexico, Los Angeles , New York, Austin , Texas, U.S