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ByteDance Relocates Chip Team to Singapore, Maintaining Employee Contracts
1 week ago /
Read about 0 minute
Author：小编
ByteDance has dismissed rumors suggesting that its chip team's operations have been discontinued and transferred to a new entity in Singapore. The company clarified that the core of its chip business remains unchanged, with only the Feishu tenant being shifted. Importantly, employee contracts and stock options remain unaffected, and there have been no layoffs. Industry speculation around these developments may be attributed to anticipated overseas business expansion efforts and the chip team's intensified focus on research and development.
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