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.

Snap Observer

Snap Observer

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

Snap to lay off 'approximately' 10% of its staff

Return To Office: Companies Cutting Back Work-From-Home - Bloomberg

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

The 10 Biggest Tech Industry Scandals of 2022 — Mike Trigg

Evan Spiegel, People

Snap to lay off 10% of staff, cutting approximately 500 jobs