Tuesday, March 19, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. TikTok parent company ByteDance gives cash bonuses to employees in India

TikTok parent company ByteDance gives cash bonuses to employees in India

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.

India TV Business Desk Edited by: India TV Business Desk New Delhi Updated on: September 26, 2020 22:06 IST
ByteDance, TikTok
Image Source : FILE PHOTO

ByteDance gives cash bonuses to Indian employees.

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 per cnet of employees basic August salary. According to the Economic Times, Bytedance has issued these bousses to mid senior and senior employees with bonus value ranging from Rs 1-4 lakh.

Short video sharing app TikTok went offline in the country on June 30 following the government order banning it and 58 other apps citing threat to India's sovereignty and security. The app was also removed from Google Play Store and Apple App Store.

The status of other banned apps could not be immediately ascertained.

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.

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

(With inputs from PTI)

ALSO READHyderabad startup develops 'world's first social drinking platform' Booozie

 

ALSO READChina allows emergency use of coronavirus vaccine despite concerns

 

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement