(Yicai) March 26 -- Lark, the workplace collaboration and communication platform under Chinese internet giant ByteDance, is reportedly launching a downsizing and a new round of organizational adjustments.

Lark has many employees, with a not-so-lean organizational structure and low efficiency, which harm the company’s long-term development, Chief Executive Officer Xie Xin told employees in an internal letter, The Paper reported. Lark will pay compensations or offer job transfers to employees affected.

Lark will keep improving the competitiveness of its products, especially their artificial intelligence capabilities, Xie noted, without revealing any further details about the plan.

ByteDance developed Lark in 2016. The office collaboration platform integrates functions such as instant messaging, shared calendars, online documents, audio and video meetings, and cloud storage. It rivals Alibaba Group Holding’s DingTalk and Tencent Holdings’ WeCom.

ByteDance’s CEO Liang Rubo announced in November 2021 to split the company into six businesses -- short-video platform TikTok, its Chinese version Douyin, educational technology arm Dali Education, Lark, cloud product developer Volcengine, and video game publisher Nuverse.

Editor: Futura Costaglione