TikTok Employee Forfeit Their Stocks if They Criticize of the Company, New Report Reveals

TikTok is a rapidly rising company that has also turned into a place where some of the best and brightest in the tech world are looking to work at this current point in time. In spite of the fact that this is the case, certain revelations have come to light that paint a bad picture of the manner in which TikTok treats its employees.

A recent report released by Fortune revealed that TikTok strips stock options away from employees that criticize the company in any way, shape or form. With all of that having been said and now out of the way, it is important to note that this rule is codified in the employment contracts that workers have to sign. This contract clearly states that employees will forfeit their stock in the company if they were found to be making disparaging remarks about the enterprise.

This comes amidst growing support for a ban on TikTok. It bears mentioning that this ban will essentially entail a divestiture because of the fact that this is the sort of thing that could potentially end up putting the company in the hands of Americans. Congress is mulling over this regulation as of right now, and reports of the company offering a poor work environment to its employees certainly won’t end up helping matters all that much.

The main issue regarding TikTok is how it handles the data that it collects from users. With the Chinese government exercising so much control over any company that originates in its borders, American lawmakers are worried that the data of their citizens could end up in the hands of a rival nation.

TikTok is currently trying to urge people to call their representatives and tell them that a ban isn’t in their best interests. The very act of calling it a ban might be a misnomer, however, since the service will still be operational in America. The only difference will be that the Chinese company ByteDance will not be in charge of it anymore, although it will continue to operate TikTok internationally.

Image: DIW-AIgen

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