Triller Ghosts Workers and Stakes Its Future on SpaceX
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Triller Ghosts Workers and Stakes Its Future on SpaceX

Business Insider business

Key Points:

  • Several Triller employees report not receiving paychecks for a year, losing access to work emails and health insurance, and receiving no formal communication about their employment status, effectively being "ghosted" by the company.
  • Despite these issues, Triller remains publicly traded and recently announced plans to acquire a significant stake in SpaceX, causing its stock price to surge, highlighting a disconnect between its public-facing activities and internal employee treatment.
  • Triller's business model struggles intensified after the anticipated US TikTok ban failed to materialize, leading the company to pivot into sports, media acquisitions, and other ventures that resulted in significant financial losses and operational chaos.
  • Multiple employees have filed wage claims and lawsuits for unpaid wages, while Triller faces ongoing legal and financial challenges, including lawsuits from partners and subsidiaries alleging abandonment and unpaid debts.
  • The company is undergoing a strategic reset, focusing on profitable segments like boxing and exploring new media opportunities, but affected employees remain uncertain about compensation and accountability for the company's treatment of its workforce.

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