Snap to lay off 20% of its workforce due to slowdown and Apple competition

Snapchat has been losing money for a while now, and it seems that the company will soon be taking some tough measures to make up for it. According to a new report from The Verge, Snap Inc. (the company that owns Snapchat) plans to lay off about 20% of its employees in the coming days.
The post Snap to lay off 20% of its workforce due to slowdown and Apple competition appeared first on 9to5Mac.
Read More