Burn down 20 billion! ByteDance explodes

Burn down 20 billion! ByteDance explodes "big retreat"!

ByteDance announced a large-scale layoff of its Pico business, which means that ByteDance is conducting a "big retreat". At the recent staff meeting, Pico President Zhou Hongwei announced the organizational structure adjustment plan, which will adjust the personnel of Pico's market, games, video, live broadcast and other teams, and integrate Pico's mobile OS team into the ByteDance product development and engineering architecture platform...