ByteDance Valuation Falls 26% to $223.5 Billion in New Employee Share BuybackRead more

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ByteDance Caps Overtime

By
Shai Oster
· · Source: Bloomberg

TikTok’s Chinese owner ByteDance is capping the amount of overtime employees can clock. Employees will need permission to work longer as China takes aim at its grueling work culture, which is nicknamed ‘996’ because employees work from 9 a.m. to 9 p.m., six days a week. Workers routinely stay until midnight. An internal memo said that ByteDance employees are now mandated to work only 10...

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