Snap cuts 10% of its workforce







Photo credit © PivèsPictures

(Boursier.com) — Snap , Snapchat’s parent company, announced a workforce reduction plan covering around 10% of jobs. The measures concern 528 positions within the group, for pre-tax costs ranging from 55 to 75 million dollars. The group is due to publish its financial results for the fourth quarter and fiscal year 2023 tomorrow evening.


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