The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media Programming, broadcasting, news agency and other content distribution activities News agency and other content distribution activities 60.39 - Other content distribution activities
300 jobs Number of planned job losses
Announcement Date
20 February 2025
Employment effect (start)
20 February 2025
Foreseen end date
Description
Social media platform TikTok has announced global layoffs, affecting more than 300 positions. So far, the company has informed that the restructuring programme will affect 300 positions in Ireland and an unspecified number of employees in Singapore.
The redundancies are part of a broader restructuring affecting TikTok's trust and safety teams across Europe, Asia, and the Middle East. The layoffs follow earlier reductions in 2024, when TikTok shifted towards artificial intelligence for content moderation. Beyond job cuts, TikTok continues to face scrutiny over data privacy and national security concerns. Regulatory bodies in the US, UK, and Europe are investigating the platform’s data practices, particularly regarding its impact on younger users. In response, TikTok has pledged a €12 billion investment in European data security through its Project Clover initiative, which oversees data storage operations in Dublin and Norway.
Eurofound (2025), TikTok, Internal restructuring in World, factsheet number 202532, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202532.
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