BEIJING (Reuters) -ByteDance founder Zhang Yiming told staff on Thursday he was already shifting away from a chief executive's daily responsibilities and his work pace was less intense, according to two people who attended the meeting.
In May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the country's biggest technology firms. He said at the time he would complete the transition work with his successor Liang Rubo by the end of this year.
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