TikTok Cuts Jobs, Shifts to AI for Content Moderation

- TikTok is laying off hundreds of employees globally, focusing more on AI for content moderation. - More than 700 jobs were reportedly cut in Malaysia, but TikTok clarified that less than 500 were affected. - The layoffs are part of a wider plan to improve moderation operations. - ByteDance plans to invest $2 billion globally in trust and safety this year. - The move comes as Malaysia increases regulatory pressure on tech firms, requiring social media operators to apply for an operating license. Source: [Reuters](https://www.reuters.com/technology/bytedance-cuts-over-700-jobs-malaysia-shift-towards-ai-moderation-sources-say-2024-10-11/)