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Snap Is Laying Off 20 Percent of its Staff, Canceling Shows and Losing Two Executives

Snap Is Laying Off 20 Percent of its Staff, Canceling Shows and Losing Two  Executives

Snap is laying off 20 percent of its employees, two executives are leaving for Netflix, and Snap will discontinue some apps, products, and the production of its shorts with influencers.
Snap's stock price fell 80 percent this year. Now, it is laying off 20 percent of its workforce.

Meta workers complain social media giant has cut back on free cafeteria meals and cereal

Snap Laying Off 10% Of Global Workforce

Google, Meta, , others have cut more than 104,000 employees

Snap cuts 20% of staff amid major restructuring

Snap cuts 20% of staff amid major restructuring

Epic Games Lays Off Over 800 Employees as Apple Legal Battle Drags On - MacRumors

Snapchat Layoffs: Snap Cuts 10% of Workforce, More Than 500 Employees

snapchat Observer

Snap layoffs: Company to cut 10% or around 500 employees

The Companies Conducting Layoffs in 2023: Here's the List - WSJ

Read: Tech CEOs' opening statements for Wednesday's tech antitrust hearing - POLITICO

Snap laying off 20% of its staff in hopes of reducing costs - CBS News

Evan Spiegel, People

Layoffs Observer

snapchat Observer