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ByteDance Reportedly Offers Special Equity to AI Team to Retain Staff
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TikTok's parent ByteDance is offering employees in its Seed AI division discounted stock options linked specifically to that unit in order to prevent rivals from poaching talent, Financial Times reported, quoting people with the knowledge of the matter. This marks the first time ByteDance has issued shares tied to a specific business division. The structure allows employees to participate in the growth of Seed without being diluted by other ByteDance business units. The move aims to retain staff after competitors such as TENCENT (00700.HK) began recruiting members of its top research teams. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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