Alexandra S. Levine / Bloomberg:

Memo: Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability  —  Snap Inc. is laying off roughly 1,000 full-time employees, or 16% of its global workforce, part of an effort …

Alexandra S. Levine / Bloomberg:

Memo: Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability  —  Snap Inc. is laying off roughly 1,000 full-time employees, or 16% of its global workforce, part of an effort …

Source: TechMeme
Source Link: http://www.techmeme.com/260415/p14#a260415p14