ByteDance, the world's most valuable startup, cut the amount of bonus it gave before the Monthly New Year. With the founder, Zhang Yiming, the latest of China's technology industry leaders is warning of a challenging year.
It is customary for many companies to provide a form of discretionary bonus to their employees in the form of red packages for the Lunar New Year, the main holiday in China. While discretionary, many employees still expect the expectation of the ….
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