Recently, Snap Inc. has released 100 employees! Snap Inc. is making an effort to concentrate on the advertising spectrum after shortening their staff in engineering and content.
These cuts are in part a feedback to over-hiring and intended to eliminate a huge portion of a consumer tech market controlled by Facebook Inc. and Alphabet Inc.’s Google.
“Late last year we asked senior leaders across Snap to look closely at their teams to ensure they had the right resources and organizations to support their missions. Tighter integration and closer collaboration between our teams is a critical component of sustainably growing our business.” – Imran Khan, Chief Strategy Officer of Snap Inc.
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