ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024

Quick Summary:

About 88 ByteDance employees were sacked, while 17 others were taken into custody by public security authorities for the reported offences.

ByteDance says it has a “zero-tolerance” approach towards corruption and bribery.

The hardline stance by the world’s largest unicorn shows the lengths it is taking to retain and attract talent, as the company boosts productivity and continues to restructure its operations this year.

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Article Details

Author / Journalist: Coco Feng

Category: Business

Markets: Hong KongUnited States

Topics: Employees Year Police Others Cases Reported Misconduct Company Bribery Internal Bytedance

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 07:00:08 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22070155

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