TikTok's parent company, ByteDance, reportedly laid off off hundreds of employees from its education arm, amid Beijing's crackdown on after-school tuition businesses , according to Bloomberg . Believed to have more than 10,000 employees at one point, at least hundreds of employees will be laid off with compensation, while others will moved to work on different products under the ByteDance umbrella. GoGoKid, an English tutoring app, is expected to shut down completely, while two other apps will shift their focus to other forms of education, like coding and art. China's crackdown on the tuition business On July 24, China’s government...