Snap to cut its workforce by 20%; nearly 1,000 set to lose job
source link: https://nextbigwhat.com/snap-to-cut-its-workforce-by-20-nearly-1000-set-to-lose-job/
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- Snap Inc. plans to lay off about 20% of its employees in the coming days. It means the company will lose over 1,000 employees.
- Snapchat hired a huge number of employees during the pandemic. And last year, the company reported lower-than-expected earnings.
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