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TikTok parent company ByteDance gives cash bonuses to employees in India

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TikTok parent Bytedance has issued cash bonuses to employees in India, despite a ban remains in place for the Chinese short video making app TikTok. Bytedance has given cash bonuses to employees who had worked for 26 or more days between July and August to monetarily assist during the coronavirus pandemic. The cash bonuses value almost 50 percent of employees basic August salary.

According to some users, they were able to use the app for a brief period on June 30. It had 200 million users in India.

“Dear users, we are in the process of complying with the Government of India’s directive to block 59 apps. Ensuring the privacy and security of all our users in India remains our utmost priority,” as per a message displayed by the app.

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The India website of TikTok, which employs about 2,000 people in the country, was also pulled down.

(With inputs from PTI and India TV)

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The Business Daily

The Business Daily is North East India’s first Financial News Portal. This Pink Portal covers all big breaking news from the world of Business, Brands, Politics, Entertainments, Sports etc.
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The Business Daily
The Business Daily is North East India’s first Financial News Portal. This Pink Portal covers all big breaking news from the world of Business, Brands, Politics, Entertainments, Sports etc.
http://www.thebusinessdaily.in

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