Snap Plans to Slash 20% of Staff in Cost-Cutting Drive

The Snapchat owner, whose business primarily relies on digital advertising, said it has seen 8% revenue growth so far in the current quarter, lower than earlier anticipated.

Aug 31, 2022 - 17:31
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Snap Plans to Slash 20% of Staff in Cost-Cutting Drive
The Snapchat owner, whose business primarily relies on digital advertising, said it has seen 8% revenue growth so far in the current quarter, lower than earlier anticipated.