Site icon Car Insurance Quote

Snapchat layoffs: Social media company cuts 1,000 jobs, sees stock pop

AP24249692987297 e1759608688983 jVhvSu

(KRON) — Snapchat parent company Snap Inc. announced Wednesday that it would be cutting 1,000 jobs. Snap CEO Evan Spiegel announced the layoffs in a memo Wednesday, headlined “Organizational Changes at Snap.” The layoffs, which amount to a 16% reduction of the company’s total headcount, will be in addition to closing more than 300 open […]

​(KRON) — Snapchat parent company Snap Inc. announced Wednesday that it would be cutting 1,000 jobs. Snap CEO Evan Spiegel announced the layoffs in a memo Wednesday, headlined “Organizational Changes at Snap.” The layoffs, which amount to a 16% reduction of the company’s total headcount, will be in addition to closing more than 300 open […] 

Exit mobile version