Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector  —  - It's shutting one service while pivoting others to comply  — China's new online tutoring curbs include a ban on profits