Type
Internal restructuring
Country
Ireland
Region
Location of affected unit(s)
Dublin, other locations
Sector
Information / Communication
Information Service Activities
Information Service Activities
63 - Information Service Activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
19 February 2024
Employment effect (start)
1 April 2024
Foreseen end date

Description

Chinese social media company Tik Tok is to make 250 employees redundant in Ireland. The company announced in February 2024 that Irish jobs would be lost as part of global restructuring plans.

The company entered a period of consultation with staff and it was hoped that many of the roles impacted by restructuring could be redeployed internally. In April 2024, it was reported that 250 jobs would be cut in Ireland. The company has said that the job losses will mainly impact the Training and Quality team.

Tik Tok employed approximately 3,000 people in Ireland prior to the job cuts.


Sources

Citation

Eurofound (2024), Tik Tok, Internal restructuring in Ireland, factsheet number 201391, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201391.