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ByteDance to Give Cash Bonuses to Staff while the U.S. Scrutinizes TikTok

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toopanda.com
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On Tuesday, TikTok owner ByteDance said that it would give cash bonuses to employees working hard to support it “overcome challenges posed by the COVID-19 pandemic and changing macro environment.”Employees who work full-time and have worked for 26 or more working days between July to August will be provided a bonus worth half their August base salary, according to an official letter from ByteDance to its employees that was seen by reporters.“Thank you for your hard work and dedication,” the letter says.

ByteDance has stated it has over 60,000 employees globally.The bonus could run into hundreds of millions of yuan, according to hiring advertisements of ByteDance and company sources.

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