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San Francisco: Bytedance, TikTok parent company, has started mass layoffs in its gaming division, and several Nuverse employees were awaiting their future, the media reported.
According to TechCrunch, after two years of tepid performance, the gaming department called Nuverse, is significantly scaling back its operations.
“We regularly review our businesses and make adjustments to center on long-term strategic growth areas. Following a recent review, we’ve made the difficult decision to restructure our gaming business,” a ByteDance spokesperson told TechCrunch.
Nuverse had around 3,000 people in 2021 and has remained at that employee figure over the past few years.
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