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TikTok Cuts Hundreds of Jobs as Focus Shifts to AI-Driven Content Moderation!

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TikTok Cuts Hundreds of Jobs as Focus Shifts to AI-Driven Content Moderation

Social media giant TikTok is laying off hundreds of employees worldwide, including a significant portion of its workforce in Malaysia, as the company shifts towards using more AI-driven content moderation. These layoffs are part of TikTok’s broader effort to streamline operations and enhance the efficiency of its content review process.

Details of the Layoffs

According to sources familiar with the situation, more than 700 jobs were initially expected to be cut in Malaysia. However, TikTok, owned by China’s ByteDance, later clarified that fewer than 500 employees in the country were affected. Most of the impacted employees worked in content moderation and were notified of their dismissal via email on Wednesday.

TikTok confirmed the layoffs and stated that several hundred employees globally would be affected as part of an ongoing plan to optimize its moderation system. The platform currently employs a combination of AI-powered tools and human moderators to review content but aims to further enhance automation in its operations.

Company Statement

A TikTok spokesperson said, “We’re making these changes as part of our ongoing efforts to strengthen our global operating model for content moderation.” The company is planning further staff reductions next month, with plans to consolidate some regional operations, according to sources.

Investment in Trust and Safety

ByteDance, which employs over 110,000 people in more than 200 cities worldwide, is expected to continue investing heavily in trust and safety efforts. TikTok has committed to investing $2 billion globally in these areas in 2024, with 80% of guideline-violating content now being removed through automated technologies.

Regulatory Pressures

The job cuts come as TikTok faces increasing regulatory pressure in Malaysia, where the government has mandated that social media platforms obtain operating licenses by January as part of efforts to combat online offenses. Malaysia has reported a significant rise in harmful social media content this year, prompting authorities to call on platforms like TikTok to improve monitoring efforts.

Broader Context

The layoffs at TikTok reflect a wider trend within the tech industry, where companies are increasingly turning to automation to reduce costs and improve efficiency amid economic pressures. Many tech firms have announced significant rounds of layoffs this year as they grapple with challenging market conditions.

TikTok’s shift towards AI-driven content moderation is seen as a strategic move not only to enhance operational efficiency but also to address regulatory scrutiny regarding harmful content on its platform. As the company navigates these changes, it remains committed to improving user safety while adapting to an evolving digital landscape.

Conclusion

The recent layoffs at TikTok underscore the challenges faced by social media platforms in balancing operational efficiency with regulatory compliance and user safety. As the company continues to invest in AI-driven solutions for content moderation, it will be crucial for TikTok to maintain its commitment to trust and safety while navigating the complexities of a rapidly changing environment. The impact of these layoffs will likely resonate within the industry as companies reassess their strategies in light of economic pressures and regulatory demands.

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Piyush Anchliya Joins Cashfree Payments as CFO Amid Expansion in India’s Fintech Sector

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

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Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

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Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics

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Delhivery, one of India’s leading logistics companies, has announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. This strategic move marks one of the largest consolidations in the logistics sector and is expected to enhance Delhivery’s scale, profitability, and operational efficiency.

Background

Ecom Express, founded in 2012 and headquartered in Gurugram, has faced significant financial challenges recently. The company canceled its IPO plans in 2024 and laid off hundreds of employees due to operational setbacks, including losing a major client, Meesho, which shifted to its in-house logistics service Valmo. These struggles led to a distressed sale, with private equity investors like Warburg Pincus and Partners Group exiting their stakes entirely.

Strategic Benefits for Delhivery

  1. Enhanced Scale: The acquisition will strengthen Delhivery’s network reach and infrastructure, enabling better service delivery across India.
  2. Operational Synergies: Combining operations with Ecom Express will improve efficiency and reduce costs through economies of scale.
  3. Competitive Edge: With Ecom Express as a subsidiary, Delhivery solidifies its leadership position in the logistics space by offering broader coverage and faster services.

Challenges Addressed

The acquisition mitigates risks from Ecom Express’ financial struggles while addressing past disputes between the two companies over inflated shipment volumes reported by Ecom Express during IPO filings.

Future Outlook

The deal is expected to close within six months after regulatory approval from the Competition Commission of India (CCI). Post-acquisition, Ecom Express will operate as a subsidiary of Delhivery, unlocking new growth opportunities such as advanced logistics technology integration and expanded customer reach.

With ₹5,488 crore in cash reserves as of September 2024, Delhivery is well-positioned to finance this acquisition without compromising financial stability. This move underscores Delhivery’s commitment to innovation and efficiency in India’s rapidly evolving logistics landscape.

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