Tag: Snapchat

Snapchat owner lays off about 10% of its global workforce

The owner of Snapchat is cutting about 10% of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs. Snap said in a regulatory filing that it currently estimates 55 million dollars (£44 million) to 75 million dollars (£60 million) in charges, mostly for severance and related costs. It expects the […]