TikTok owner ByteDance to end compulsory weekend overtime

ByteDance says it will downsize fintech business, plans to sell stock broker ops
ByteDance says it will downsize fintech business, plans to sell stock broker ops Copyright Thomson Reuters 2021
Copyright Thomson Reuters 2021
By Reuters
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BEIJING - TikTok owner ByteDance on Friday said that it would formally end its weekend overtime policy from Aug. 1, two weeks after its short-video rival Kuaishou announced a similar decision.

The move came as Chinese tech companies face fierce nationwide debate about whether to end the infamous "996" style of working 9 am to 9 pm six days a week.

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