After Microsoft and TikTok, the social media platform ‘Snap’ has once again joined the policy of reducing losses by laying off its staff. The technology company has laid off about 10 percent of its employees from different countries. News Engadget.
In total, 540 employees of Snap’s global force at the California headquarters are going to be out of a job, according to the news. Earlier, Snap had laid off 20 percent of its workforce in August. That means 30 percent of Snap’s employees lost their jobs in the last 6 months.
According to the calculation of the third quarter of 2023, the total number of employees of the company was five thousand 367.