
TikTok Cuts Staff as its Shopping Push Fails to Reach Targets
While TikTok’s in-stream sales push is seemingly gaining some traction, it’s clearly not happening fast enough, with the platform undertaking a new round of layoffs in its U.S. eCommerce division. As reported by Bloomberg, TikTok has initiated a third round of layoffs in its Shop department, which comes after the platform failed to meet its…