They are open to working at other app makers or ecommerce and edtech companies. About 8-10 people at ByteDance have sent the firm their profiles, all in the Rs 40 lakh-1 crore salary bracket, the person said. Wherever uncertainty and stigma are attached, valuable people stay away.”Īnother headhunter told ET that it had been working to fill 10-15 roles at Bytedance, all of which are now on hold. “No one knows what’s happening for real in that company and there is a high level of ambiguity and lack of clarity, which is making people insecure. WASHINGTON: A US federal judge late Sunday halted a politically charged ban ordered by the Trump administration on downloads of the popular video app TikTok, hours before it was to go into effect. “ByteDance was one of the hottest companies,” he said. The Chinese company is rethinking its HR strategy, said a headhunter whose firm has business relations with it. The US company had initially said it was in negotiations with ByteDance to explore a purchase of the TikTok service in the US, Canada, Australia and New Zealand. Microsoft is looking to acquire all of TikTok’s global business, including operations in India and Europe, the Financial Times reported last week. It is clear that TikTok is not coming back for at least four-five months. Some senior-level executives have also reached out. “So far we have got up to 100 resumes from ByteDance. “All Chinese companies (in India) have amazing talent who are now looking to work with Indian companies,” said Pulkit Agarwal, cofounder at lifestyle video app Trell.
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