Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company

17:41 05.02.2024
Snapchat maker Snap is the latest tech company to conduct layoffs with plans for a 10% workforce reduction, the company announced on Monday. The layoffs would impact 500-plus employees, according to headcount figures Snap released in November 2023, when it saw small-scale layoffs of its then north of 5,000 employees. The layoffs were announced in […] © 2024 TechCrunch. All rights reserved. For personal use only....
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