TikTok hiring while U.S. big tech companies slash workforces

American big tech workers’ loss is their Chinese competition’s gain — TikTok is growing its workforce while Facebook, Twitter and Amazon are shedding thousands of jobs.
 
TikTok CEO Shou Chew said this week his company is hiring, unlike many of his American-based social media counterparts.
 
“Our cadence of hiring is just right for us, we are still hiring — although at a pace that we think corresponds with the global challenges that we are facing,” Mr. Chew said at a Bloomberg event in Singapore on Wednesday.
 
The China-founded ByteDance runs TikTok, and the platform has big plans for its business in America. TikTok is seeking to double its staff in California to approximately 2,000 workers, according to tech publication The Information.
 
American technology companies, meanwhile, are making large cuts to weather economic turbulence and remain competitive with TikTok.
 
Amazon is set to cut as many as 10,000 workers, according to reports. It informed
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