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Snap told staff it cut more than 120 engineers to keep high bar


The round of job cuts are Snap’s biggest to date, after a turbulent year that included a rethinking of its advertising business, an exodus of top executives and a widely critiqued redesign of its main application, Snapchat. — Reuters

The round of job cuts are Snap’s biggest to date, after a turbulent year that included a rethinking of its advertising business, an exodus of top executives and a widely critiqued redesign of its main application, Snapchat. — Reuters

Snap Inc confirmed it cut more than 120 engineers, as the company works to emphasise performance in the organisation, according to an internal memo. 

The round of job cuts are Snap’s biggest to date, after a turbulent year that included a rethinking of its advertising business, an exodus of top executives and a widely critiqued redesign of its main application, Snapchat. The Los Angeles-based company’s shares had declined 16% in the past year through March 7’s close. 

   

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