Snapchat owner to cut 10 per cent of global workforce

The owner of Snapchat is cutting about 10 per cent of its worldwide workforce, or about 530 employees, the latest tech company to announce lay-offs. Snap Inc said in a regulatory filing that it currently estimates $US55 million to $US75 million ($A85 million to $A116 million) in charges, mostly for severance and related costs. It […]

This post was originally published on Michael West.