00:00China's ByteDance, the parent company of social media platform TikTok, is laying off
00:05several hundreds of jobs in Malaysia.
00:07The company said it cannot provide a precise figure due to varying local employment regulations
00:12worldwide.
00:13However, they said hundreds of people will be impacted globally.
00:18The company on Friday announced plans on its content moderation process automation, saying
00:23that it will invest US$2 billion globally in trust and safety this year alone.
00:29Reuters reported sources familiar with the matter as saying that more than 700 workers
00:33from its Malaysian unit will be laid off as the company shifts focus towards the greater
00:38use of artificial intelligence in content moderation.
00:42The workers, most of whom were involved in content moderation operations, were informed
00:46of their dismissal late Wednesday.
00:49ByteDance has over 110,000 employees in more than 200 cities globally.
00:56The report said the company plans for more retrenchments next month as it looks to consolidate
01:01some of its regional operations.
01:04The company has been under pressure from the Malaysian government as the country reported
01:08a sharp increase in harmful social media content earlier this year.
01:12The government has urged all social media platforms, including TikTok, to step up monitoring
01:18to rid of the negative content.
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