![Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more (Financial Times) Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more (Financial Times)](https://karkey.in/wp-content/uploads/http://www.techmeme.com/221109/i3.jpg)
Financial Times:
Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more — Fast-growing social platform cuts ambitious goals by 20% as some staff complain of lavish spending