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Snap shedding 10% of its workforce
Snap Inc. is reducing its workforce by roughly 10% worldwide, joining the chorus of technology companies that have announced fresh rounds of cuts since the start of the year.
The cuts are being made to “best position our business to execute on our highest priorities,” Snap said in a filing Monday.
[Bloomberg]
Snap Inc. is reducing its workforce by roughly 10% worldwide, joining the chorus of technology companies that have announced fresh rounds of cuts since the start of the year.
The cuts are being made to “best position our business to execute on our highest priorities,” Snap said in a filing Monday.
[Bloomberg]