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Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more (Financial Times)

Photo of Grace Will Grace Will November 9, 2022
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Financial Times:

Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more  —  Fast-growing social platform cuts ambitious goals by 20% as some staff complain of lavish spending



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