Wednesday, August 31, 2022

Report: Snap Planning 20 Percent Layoff

A report from The Verge says that Venice, California-based Snap is planning to lay off approximately 20 percent of its employees. According to the report, the layoffs are expected to start today, and will hit the copany's hardware division, mini-app development, Zenly, and other teams particularly hard. Before the layoffs, Snap had around 6,400 employees.