Snap Planning To Lay Off Employees: Report
Snap Inc is in early stages of planning layoffs, the Verge reported on Monday, citing people familiar with the plans.
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Snap Inc is in early stages of planning layoffs, the Verge reported on Monday, citing people familiar with the plans.
The scope of the job cuts is currently unclear as managers are still planning it for their teams, the report said, adding that the Snapchat-owner has more than 6,000 employees.
A report recently stated. 'It's currently unclear how many of Snap's more than 6,000 employees will be laid off, as managers across the company are still planning the full scope of the cuts for their teams.'
The precise number of Snap's 6,000 employees who will be let go is unknown. According to the report, managers across the organisation are still in the planning stages and have not made any decisions regarding who will be let go and why.