Snapchat’s parent company lays off 10 percent of global workforce

Snap, the parent company of Snapchat, on Monday announced to lay off approximately 10 per cent of its global full-time employees. The company had around 5,300 employees at the start of 2023. Snap previously cut 20 per cent of its staff in 2022 and had a smaller cut of 3 percent last year. “We currently […]