Snapchat to lay off more than 1,200 staffers, or 20% of global headcount
By Catherine Thorbecke, CNN Business Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employees. The news will impact the jobs of more than 1,200 staffers at the tech giant, and comes as broader economic conditions have deteriorated in recent months
Continue Reading