Media: ByteDance will lower the price of stock options so that employees do not quit
This is reported by Bloomberg with reference to an anonymous HR manager of ByteDance. According to him, the company hopes not only to retain old employees, but also to attract new ones.
It is assumed that options will fall in price from $195 to $155 apiece.
Earlier, the media wrote that the market value of ByteDance fell to $ 275 billion, whereas a year ago the company was estimated at $ 460 billion.
