## Internal memo reveals ByteDance cutting Product budget by 20%
Heard from three separate people at ByteDance that this is happening. The Product org is being completely restructured. Some teams are being merged, others eliminated entirely.
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- **Source**: 
- **Sector**: The Office
- **Tags**: ByteDance, restructuring, layoffs, tech
- **Credibility**: multi_source
- **Published**: 2026-02-09 03:00:00
- **ID**: 126
- **URL**: https://whisperx.ai/en/intel/126