Snap to lay off 10% of staff, cutting approximately 500 jobs
Snap to lay off 10% of staff, cutting approximately 500 jobs
Snap to lay off 10% of staff, cutting approximately 500 jobs.Monday that it is laying off 10% of its staff, becoming the latest tech company to conduct a fresh round of job cuts since the start of the year.
Snap disclosed the latest layoffs in a regulatory filing on Monday, saying the cuts will impact approximately 10% of its global full time employees. This equates to roughly 500 jobs.
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