Snap is in the early stages of planning layoffs, according to two people familiar with the plans. The planned cuts come after the company recently delivered disappointing earnings results and didn't forecast earnings for the third quarter — news that sent its stock price cratering to near-all-time lows. It’s currently unclear how many of Snap’s more than 6,000 employees will be laid off, as managers across the company are still planning the full scope of the cuts for their teams. Russ Caditz-Peck, a Snap spokesman, declined to comment. https://www.theverge.com/2022/8/8/23297637/snap-snapchat-layoff-plans-weak-q2-earnings
There have been whispers
Oh snap
snap crackle n popped
Google low TC
working low 5-10 hours for 650+, I’m happy to be here with low tc
Fully remote and then lay off -nice
Trimming fat is good
Oh no
bullish for my bags
6000? There are total 5661 employees in 2021.
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So hard being a women in tech industry
Sources say…
Company has taken a massive revenue hit and we’re in a recession, if they don’t do layoffs now on their terms it’ll be worse when they’re forced to.