We have made the difficult decision to restructure our team, the company said in a securities filing...
Like other social media companies reliant on advertising, Snap has had a rough couple years. Changes by Apple to its privacy policy in 2021 made it tougher for advertisers to track users...
In 2022, Snap cut 20 percent of its work force, or 1,300 jobs, and also discontinued at least six products. It let go nearly 20 product managers in November and in September shut a division that sells augmented reality products to businesses, laying off 170 people.
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