Others said all could be hit, barring 100-200 employees supporting global teams or in critical roles. Those fired will be offered severance and healthcare packages, said the people cited above.ByteDance did not comment on the number of layoffs. India was TikTok’s largest international market before it was initially barred, along with others, in the wake of border tension with China in June. However, people connected with the company said it was dedicated to maintaining a presence in India, albeit with a smaller team for now. MX Player, which owns MX Takatak, is a Times Internet company that is part of The Times of India Group, which also publishes The Economic Times.

Source: Economic Times January 27, 2021 07:09 UTC