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- TikTok is laying off staff and instituting cost-saving measures as part of an efficiency push.
- Many of the cuts have focused on its US e-commerce team.
- TikTok Shop sales have slumped in the US this year amid tariffs and other uncertainty.
Belt-tightening is underway at TikTok.
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Joseph Arujo
The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and Boeing
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