
Social – TechCrunch
shared a link post in group #TechCrunch Social

techcrunch.com
Snap cuts 20% of staff amid major restructuring – TechCrunch
Snap CEO Evan Spiegel announced this morning that the company behind Snapchat will reduce its staff by 20% as part of larger restructuring. Snap has struggled financially for months. In May, Spiegel w