Categories
Entrepreneurship

TikToks US Ecommerce Employees Told to Work From Home as Layoff Fears Grow [Video]

Anxiety continues to fester among TikTok’s U.S ecommerce workers, as the latest order from the social media company indicates that another round of layoffs may not be too far off.

According to Bloomberg, an internal memo sent to employees advised them to work from home as they await the outcome of “difficult decisions” being made by the company.

TikTok’s U.S. ecommerce operations, including TikTok Shop, currently employ over 1,000 workers, with a significant percentage based in Seattle.

In April, the company reorganized its reporting structure, with U.S. operations head Nico Le Bourgeois reporting to Mu Qing. Qing previously headed TikTok parent ByteDance‘s Douyin ecommerce unit in China.

Qing told employees that the changes occurring within the division are meant to “create a more efficient operating model,” adding, “operational and personnel changes to the ecommerce U.S. operation center and global key accounts teams beginning early on Wednesday.”

He promised that the process would be done …

Watch/Read More
Categories
Entrepreneurship

PCI students launch businesses and give back to community - PortageOnline.com [Video]

Students in the applied commerce program at Portage Collegiate Institute showcased their business ventures last week after a semester of hard work. The event featured student-run companies offering everything from custom apparel and cleaning services to marketing strategies and community-focused food programs. Gavin Taylor, who teaches applied commerce at PCI, says the event gives students a real taste of entrepreneurship. Weve got some students selling lip gloss, bracelets, snacks, social media marketing services, house cleaning, clothing, lots of variety, notes Taylor. Each visitor acts as a judge, receiving ten $1,000 PCI Bucks to invest in their favourite student businesses. Though friendly, the competition is designed to simulate real-world decision-making and customer engagement. googletag.cmd.push(function() { if($(document).width()