The Verge: Snap plans to lay off 20 percent of employees

The Verge: Snap plans to lay off 20 percent of employees. “Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter. The layoffs, which Snap has been planning for the past several weeks, will begin on Wednesday and hit some departments harder than others, the people said.”

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