ByteDance's E-commerce Overhaul in Indonesia Leads to Job Cuts Post-Merger

Wednesday, 12 June 2024, 07:31

ByteDance is streamlining its e-commerce operations in Indonesia by cutting 450 jobs after merging TikTok Shop with Tokopedia in a US$1.5 billion deal. The move signifies a strategic shift in the company's approach to the Southeast Asian market, aligning its digital platforms to enhance competitiveness and efficiency.

https://store.livarava.com/0ced2599-288e-11ef-a415-9d5fa15a64d8.jpg — ByteDance's E-commerce Overhaul in Indonesia Leads to Job Cuts Post-Merger

ByteDance Job Cuts in Indonesia

E-commerce Operation Overhaul

450 jobs impacted by the merger
Strategic shift post US$1.5 billion deal

The restructuring aims to optimize resources and streamline operations to enhance ByteDance's position in the Indonesian market.

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