Snap is planning to cut around 528 employees, or 1..

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Snap is planning to cut around 528 employees, or 10% of its global workforce, as tech companies continue grapple with economic uncertainty.

✍️ via Reuters: https://finance.yahoo.com/news..../1-snap-lay-off-10-1

UPDATE 4-Snap to lay off 10% of its workforce as spate of job cuts continue

Snap said on Monday it would cut around 528 employees, or 10% of its global workforce, a sign that the spate of tech layoffs seen in 2023 could persist as firms grapple with economic uncertainty. Snap will report fourth quarter results on Tuesday.

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