ByteDance said to cut 450 jobs in Indonesia after deal merging TikTok Shop with Tokopedia

The reductions, equal to about 9 per cent of employees at the Indonesian unit, will commence as soon as this month, according to people familiar with the matter. The final number is under discussion and could fluctuate as conditions change, the people said. Indonesia is among the earliest markets for ByteDance’s e-commerce ambitions – and … Read more