Snap is latest tech company to slash jobs, laying off 10% of workforce

Snap is latest tech company to slash jobs, laying off 10% of workforce

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Snapchat parent Snap Inc. will lay off 10% of its full-time staff, or roughly 530 employees, the tech firm said Monday in a regulatory filing. Why it matters: Unlike other ad-supported tech firms, such as Meta and Google, Snap's stock has not been able to recover from post-pandemic era losses,…

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