in

Snap to lay off 10% of global workforce, around 500 employees

Snap to lay off 10% of global workforce, around 500 employees

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. 

Nathan Howard | Reuters

Social media company Snap said Monday that it will lay off 10% of its global workforce, or around 500 employees, in part to “promote in-person collaboration.”

The Snapchat maker’s shares fell nearly 3% in morning trading. The company…


Posted by Editor

Creating a path for sustainable AI governance

Creating a path for sustainable AI governance

Wyndham Clark smiles while walking to the 18th green at Pebble Beach Golf Links during the third round of the AT&T Pebble Beach National Pro-Am golf tournament in Pebble Beach, Calif., Saturday, Feb. 3, 2024. (AP Photo/Ryan Sun)

Wyndham Clark addresses LIV Golf rumours after Pebble Beach win and says he stayed with PGA Tour for ‘legacy’