Memo: on top of cutting 20% of its staff, Snap is canceling its original shows, in-app games, and several other projects; layoffs could save $500M annually (Alex Heath/The Verge)
Alex Heath / The Verge: Memo: on top of cutting 20% of its staff, Snap is canceling its original shows, in-app games, and several other projects; layoffs could save $500M annually — Snapchat's original shows, in-app games, and camera drone are no more — Snap is laying off around 20 percent of its more than 6,400 employees …
![Memo: on top of cutting 20% of its staff, Snap is canceling its original shows, in-app games, and several other projects; layoffs could save $500M annually (Alex Heath/The Verge)](https://cdn.vox-cdn.com/thumbor/AE3SPy0MeNzOUTrrJnTJoysqCNU=/0x146:2040x1214/fit-in/1200x630/cdn.vox-cdn.com/uploads/chorus_asset/file/23982581/acastro_STK466_03.jpg)
![](http://www.techmeme.com/220831/i13.jpg)
Alex Heath / The Verge:
Memo: on top of cutting 20% of its staff, Snap is canceling its original shows, in-app games, and several other projects; layoffs could save $500M annually — Snapchat's original shows, in-app games, and camera drone are no more — Snap is laying off around 20 percent of its more than 6,400 employees …