By A Mystery Man Writer
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.
Layoffs Sweeping the US: , CNN, Goldman Sachs Making Cuts
Snapchat (SNAP) plans to lay off 20% of staff this week
Snapchat (SNAP) plans to lay off 20% of staff this week
Snapchat Layoffs: Snap Inc. Says It Is Cutting 10 Percent of its Employees
Snapchat to lay off more than 1,200 staffers, or 20% of global headcount
Snapchat layoffs: Snap Inc to fire 10% staff as social media copes with ad slump - Hindustan Times
Snap Observer
Layoffs Observer
Snap Lays Off 20% of Employees and Restructures - The New York Times
Snapchat Layoffs: Snap Cuts 10% of Workforce, More Than 500 Employees
Snap to lay off 'approximately' 10% of its staff