Finance
By: Shree1news, 27 JAN 2021
As Chinese video sharing platform hands over pink slips to over 1,000 employees following the permanent ban by the government of India, Indian app developer Chingari plans to hire a few of the fired employees. Chingari will be looking ahead to hire individuals across domains, however, the company hasn’t shared any information on the number of employees it plans to hire. Just like TikTok, Chingari is an Indian video-sharing social networking platform where users could record and share short video clips. The app is accessible in multiple Indian languages including Hindi, Bangla, Gujarati, Marathi, Kannada, Odia, Punjabi, Malayalam, Tamil, and Telugu.
Sad to hear, so many individuals had to get laid off due to this move of TikTok. We were expecting this from a very long time since the government-imposed ban on Chinese app. Right now, it is an excellent opportunity and motivation for Indian entrepreneurs to showcase their potential and rise with a great product. Indians are capable of doing wonders. And our priority right now is the Indian market and in near future, we will expand our footprints. It is unfortunate for the layoff. None of the companies or founder want so for his or her employee. We will hire some of the potential talent,” says Aditya Kothari, Co-Founder & Chief Strategist, Chingari.
Following the government’s notice on the permanent ban, a joint email from Bytedance’s global interim head Vanessa Pappas and vice president for global business solutions Blake Chandlee had been sent to the employees communicating the choice to downsize staff. The email copy states that the company initially hoped that the scenario would be short-lived and resolved shortly. However, it wasn’t the case. The company had to cut expenses, whereas still paying benefits. “We have worked steadfastly to comply with the Government of India order issued on June 29, 2020. We continually strive to make our apps comply with local laws and regulations and do our greatest to address any concerns they’ve. It’s therefore disappointing that within the ensuing seven months, despite our efforts we’ve got not been given a clear direction on how and when our apps could be reinstated. It’s deeply regretful that after supporting our 2000+ employees in India for more than half a yr, we have no choice but to reduce the scale of our workforce. We look forward to receiving the chance to relaunch TikTok and support the hundreds of millions of users, artists, story-tellers, educators and performers in India,” a TikTok spokesperson stated. The company isn’t shutting shop in India and plans to have its presence within the country. TikTok has also retained its leadership team and people employees who were working on important projects including teams helping international operations.
Source:A-N
