ByteDance gaming studio lays off dozens of employees amid Beijing’s gaming crackdown, sending a chill down industry

Source: Tech – South China Morning PostTikTok-owner ByteDance, which had been expanding into video gaming aggressively, is laying off dozens of employees at one of its gaming studios as Beijing’s crackdown on the industry clouds the outlook for once-promising titles, according to a person familiar with the situation.The Chinese tech giant has dismissed many junior level employees from Ohayoo, a gaming unit it created in 2018 aimed at capturing some of the millions of users of its short video apps, according to one former Ohayoo…Read More

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