AssetID: 53257466
Headline: ByteDance Begins Mass Gaming Layoffs
Caption: In 2021, the TikTok parent company announced its new gaming unit, Nuverse. It was expected to rival competitors like Tencent and NetEase. But now, much to employees' surprise, Nuverse is scaling back operations with layoffs, TechCrunch reports.
Keywords: ByteDance,begins,starts,mass,gaming,layoffs,staff,employees,employer,Nuverse,gaming unit,rival,competitors,Tencent,NetEase,Mooton,studio,Saudi Arabia,based,potential,deal
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