TikTok owner ByteDance is handing out cash bonuses to all of its 60,000-plus global workforce as it faces turmoil over the future of its business.
The payout of a half-month’s wages to staff worldwide, which will cost the company hundreds of millions of renminbi, comes as the Beijing-based company faces a ban on the video-sharing app in its two most important foreign markets, the US and India.
In the US, the Trump administration has ordered ByteDance to sell TikTok within 90 days. TikTok is suing the administration.
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