Snapchat to cut 20% of staff citing high inflation, deteriorating economy
Edited By WION Video Desk
Published: Sep 01, 2022, 05:14 IST | Updated: Sep 01, 2022, 05:14 IST
Snap Inc said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and novelties like a flying drone camera, as high inflation and a deteriorating economy ravage the advertising industry.
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