Snap Inc. To Reduce Workforce By 10%

Snap Inc, the parent company of social media app Snapchat, has announced a new round of layoffs that it says will affect 10% of its workforce, equating to about 530 employees. The company is restructuring after revenue declined in 2023 due to a weakening digital advertising market. The company has…#snapinc #samcorraoclanon #dingzhou #apple #insiderintelligence
Source: Reuters: Health - Category: Consumer Health News Source Type: news