ai
ByteDance offers special stock to AI team to address poaching
ByteDance is providing special stock awards to its artificial intelligence team. The measure aims to retain staff amid competition for talent. The company has not disclosed further details on the size or terms of the awards.
May 26, 5:28 PM·1m read1 source
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ByteDance is offering special stock to members of its artificial intelligence team in an effort to reduce departures. The company said the awards are intended to address poaching by competitors. No figures were released on the number of employees covered or the value of the grants.
Retention measures The stock program follows reports of increased hiring activity by other technology firms seeking AI specialists. ByteDance did not name specific competitors or provide a timeline for rollout. A company statement indicated the initiative applies only to the AI division and does not extend to other business units at this time.
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