TikTok announced plans to cut several hundred jobs globally, with a significant number of layoffs expected in Malaysia as the company shifts towards AI-assisted content moderation.
While specific country breakdowns were not provided, less than 500 positions in Malaysia are anticipated to be affected.
A spokesperson stated that these job cuts aim to enhance content moderation, with TikTok planning to invest $2 billion in trust and safety initiatives in 2024.
The layoffs come amid heightened regulatory scrutiny in Malaysia, where the government has requested social media platforms to obtain operating licenses to combat rising cybercrime.
TikTok’s restructuring follows ongoing speculation about significant reductions in its global operations and marketing workforce.
Source: PhilNews24 | October 13, 2024
