Snap Is Cutting 1,000 Jobs After an Activist Investor Said It ‘Over-Hired’

Snap Is Cutting 1,000 Jobs After an Activist Investor Said It ‘Over-Hired’ Snap Is Cutting 1,000 Jobs After an Activist Investor Said It ‘Over-Hired’

The social media company is eliminating 16% of its workforce after Irenic Capital urged leadership to boost efficiency.

Add a comment

Leave a Reply

Your email address will not be published.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

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement