Social media platform TikTok has confirmed having laid off several hundred staff in the country as part of its global workforce reduction.
In a statement, the company however pointed out that exact figures could not be issued given varying local employment regulation processes around the world, adding that it anticipates the exercise will impact “several hundred people” globally.
TikTok Confirms Layoffs in Malaysia Amid Global Restructuring
Additionally, a TikTok spokesman told Business Times, the company plans to invest US$2 billion (RM4.29 billion) globally in trust and safety initiatives throughout this year, focusing on improving the efficiency and impact of its content moderation efforts.
“We are making these changes as part of our ongoing efforts to further strengthen our global operating model for content moderation.
“We expect to invest US$2 billion (RM8.5 billion) globally in trust and safety in 2024 alone and are continuing to improve the efficacy of our efforts, with 80 percent of violative content now removed by automated technologies,“ the spokesperson was quoted as saying by the English business daily.
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