Snap acknowledged it laid off about 7% of its workforce this month, primarily in engineering and sales, as it responded to what it vaguely describes as “structural changes” in its business. The company said it will incur $10 million in expenses associated with the job cuts, though it expects to realize a savings of about $25 million this year in reduced payroll and taxes. “The reduction in force is to align resources around our top strategic priorities and to reflect…
from Deadline https://ift.tt/2pUnz0f
Subscribe to:
Post Comments (Atom)
-
Over the years, as Ventana Sur’s Blood Window has grown is size, it has also increased the range of content which is selected to participate...
-
Alec Baldwin made yet another appearance as Donald Trump on “Saturday Night Live,” in the cold open which featured Trump decorating the Whit...
-
Airbus has said it will stop making its superjumbo if it does not get any more orders. from BBC News - Home http://ift.tt/2DzVzW0
No comments:
Post a Comment