Mayer is reported to have made his resignation announcement by means of a letter written to staff. The letter goes on to disclose just a few particulars that led him to take the choice and depart the corporate in such a brief span of time. It particularly talks in regards to the political points between the United States and China.
The letter reads,
“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for. Against this backdrop, and as we expect to reach a resolution very soon, it is with a heavy heart that I wanted to let you all know that I have decided to leave the company.”
The complete state of affairs began when President Trump issued an govt order expressing his intentions to ban TikTok within the United States. This is as a result of he fears that TikTok can share essential private knowledge of U.S. customers with the Chinese authorities. However, he additionally supplied a lifeline of 90 days throughout which the app or at the very least its U.S. operations should be acquired by a U.S. firm if it needs to maintain itself alive within the nation. Microsoft and Oracle have emerged as two of the doable consumers of the app however nothing vital has materialized to date.