Even as Meta and Twitter are forced to lay off staff, TikTok plans to keep expanding its hiring.
While other social media companies in Silicon Valley face hiring freezes and job cuts, TikTok is still planning to keep growing its team.
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The short-form video app is still on track to hire nearly 1,000 engineers at its Mountain View office, a person familiar with the matter confirmed to CNN. The company aims to hire more staff in the United States to keep an eye on user data, as Washington scrutinizes Byte Dance’s ties to China.
The Information was the first site to report on TikTok’s plans.
Last week, at the Bloomberg New Economy Forum in Singapore, TikTok CEO Shou Zi Chew confirmed that despite other tech companies’ widespread layoffs (Facebook-parent Meta and Amazon included), TikTok is still recruiting.
“We have always been more cautious in terms of recruitment,” Chew said at the conference. “At this stage of our growth, I think that our pace, our cadence, of hiring is just right for us.”
Meta announced it would cut 11,000 jobs across the company in the past few weeks. Not to be outdone, Twitter is cutting about half its staff under new owner Elon Musk. And Amazon confirmed that it, too, had begun wide-ranging layoffs. Why the sudden shift? According to current and former leaders of these companies, they expanded too fast – especially during the pandemic as consumers’ lives increasingly moved online. These tech companies are now experiencing a sudden decrease in demand, so they have to lay off thousands of employees. The leading cause for this is the economy’s current state, which has led to recession fears among people.
The recent change in who Silicon Valley companies are hiring could assist TikTok as the app tries to satisfy naysayers, become more prevalent in the United States, and break into new areas of business.
TikTok’s current career portal website lists more than 4,000 positions worldwide, though it is still being determined how regularly the site is updated. In October, as some of the first reports describing hiring freezes and other cost-cutting measures in Silicon Valley circulated, TikTok made headlines after listing several e-commerce-related roles that seemed to suggest the company was seeking to establish a logistics and warehousing network within the United States.
“We are still hiring,” Chew said at the conference last week, “although, you know, at a pace that we think has corresponded with the global challenges that we’re facing.”
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