Life Style
ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024
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.
Monday’s statement by ByteDance singled out several cases. One involved three e-commerce department employees – with the surnames Li, Zhu and Xu – who were found to have “received facilitation fees to seek an undue advantage for external influencers or vendors”. The police took into custody these offenders.
Another case involved seven employees at ByteDance’s local services unit who were found “providing improper assistance to external merchants and illegally taking the company’s assets”. These offenders were sent to the public security authority.
Separately, Douyin said it had dismissed 136 employees and reported 23 others to the police for various offences last year.
ByteDance’s peers have conducted similar actions. Tencent Holdings last year reported 70 internal misconduct cases that resulted in the dismissal of more than 120 employees, while nearly 20 others were referred to the police.
Food delivery and local services operator Meituan said it assisted the police with the criminal investigation of about 93 people last year.
Source link
