Friday, 24 March, 2023

ByteDance founder informs staff about shifting away from CEO responsibilities

<p>ByteDance&#39;s founder Zhang Yiming told his staff that he is already moving away from the duties of CEO and his work pace has reduced. In May this year, he stepped down as CEO and decided to move to a key strategic position. He is analyzing the other companies&rsquo; organizational structures and managing styles while also researching the education industry. He is still the chairman and has absolute voting power at the company.</p>