American big tech workers’ loss is their Chinese competition’s gain — TikTok is growing its workforce while Facebook, Twitter and Amazon are shedding thousands of jobs.
TikTok CEO Shou Chew said this week his company is hiring, unlike many of his American-based social media counterparts.
“Our cadence of hiring is just right for us, we are still hiring — although at a pace that we think corresponds with the global challenges that we are facing,” Mr. Chew said at a Bloomberg event in Singapore on Wednesday.
The China-founded ByteDance runs TikTok, and the platform has big plans for its business in America.