Connect with us

Snapchat Parent Cutting 20% of Workforce

Snapchat’s parent company is slashing staff and scaling back investments in straggling businesses, an attempt to rein in costs following a slowdown in ad revenue growth. Snap Inc. is cutting about 20% of its workforce, Chief Executive Officer Evan Spiegel said in an internal memo sent to staff Tuesday. The news sending the stock tumbling in the premarket. Abigail Doolittle reports…

Published

on

Snapchat’s parent company is slashing staff and scaling back investments in straggling businesses, an attempt to rein in costs following a slowdown in ad revenue growth. Snap Inc. is cutting about 20% of its workforce, Chief Executive Officer Evan Spiegel said in an internal memo sent to staff Tuesday. The news sending the stock tumbling in the premarket. Abigail Doolittle reports on “Bloomberg the Open.”

Continue Reading
Advertisement
4 Comments

4 Comments

  1. G. Jets

    August 31, 2022 at 2:36 pm

    this is only the beginning, PREPARE…

  2. Ace

    August 31, 2022 at 5:27 pm

    They should of pulled a Tik Tok before TikTok

  3. Shahar Rozenbloom

    August 31, 2022 at 11:01 pm

    Apple Could Add Google and AWS and Ajure Cloud to Apps Easy in killer idea even with Code in new Service in killer idea Tim for Tens of Billions in Patent even add Lower Price by Large Amounts.

Leave a Reply

Your email address will not be published. Required fields are marked *

People & Blogs

Want to make a difference? Try this #TEDTalks

How do you find common ground when people disagree? Opportunity builder Anuj Gupta and Visit Philadelphia CMO Neil Frauenglass discuss why democracy needs debate and why we all have more political power than we think. They explore whether society is divided or just disconnected, how local action makes a difference and what it takes to…

Published

on

How do you find common ground when people disagree? Opportunity builder Anuj Gupta and Visit Philadelphia CMO Neil Frauenglass discuss why democracy needs debate and why we all have more political power than we think. They explore whether society is divided or just disconnected, how local action makes a difference and what it takes to rebuild trust when we can’t even agree on truth itself.

Idea Knock Down features experts with different perspectives taking on big questions — one block at a time. Made possible with the support Visit Philadelphia.

Continue Reading

CNET

The Galaxy Z Flip 8 Has The Galaxy S26’s Horizontal Lock Feature

It’s like magic and now on Samsung’s newest foldable phones 🪄💕 #galaxyzflip8 #horizontallock #supersteady #stabilizer #samsunggalaxy

Published

on

It’s like magic and now on Samsung’s newest foldable phones 🪄💕 #galaxyzflip8 #horizontallock #supersteady #stabilizer #samsunggalaxy

Continue Reading

Science & Technology

How Nvidia Develops Partnership With Startups Like Yours

Partnerships don’t happen out of thin air. NVIDIA’s global head of VC partnerships is on this week’s episode of Build Mode to shed light on how a founder can get on NVIDIA’s radar.

Published

on

Partnerships don’t happen out of thin air. NVIDIA’s global head of VC partnerships is on this week’s episode of Build Mode to shed light on how a founder can get on NVIDIA’s radar.

Continue Reading

Trending