STORY: TikTok is laying off hundreds of employees from its global workforce.
The social media giant said Friday (October 11) it’s part of a shift towards a greater use of AI in content moderation.
Malaysia is particularly hard hit, as two sources told Reuters more than 700 jobs were slashed in the country.
Though ByteDance-owned TikTok later said fewer than 500 employees in Malaysia were affected.
The employees were mostly involved in the firm’s content moderation operations.
TikTok employs a mix of automated detection and human moderators to review content posted on the site.
A source said the tech firm also plans more cost reductions next month as it looks to consolidate some of its regional operations.
TIkTok said it expects to invest $2 billion globally in trust and safety this year, and will continue to improve efficiency.
It further added 80% of content violating guidelines was now removed by automated technologies.
Jobs are opening up in the sports industry as teams expand and money flows into the industry.Excel Search &
Fired federal workers are looking at what their futures hold. One question that's come up: Can they find similar salaries and benefits in the private sector?
After two days of increases, mortgage rates are back down again today. According to Zillow, the average 30-year fixed rate has decreased by four basis points t
Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t