Snap Is Laying Off 20 Percent of its Staff, Canceling Shows and Losing Two Executives

Snap is laying off 20 percent of its employees, two executives are leaving for Netflix, and Snap will discontinue some apps, products, and the production of its shorts with influencers.
Snap's stock price fell 80 percent this year. Now, it is laying off 20 percent of its workforce.

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2023 & 2024 Mass Layoffs: Detailed List & Reporting of Notable Company Cutbacks