Business

Snapchat Parent Company Snap To Lay Off Over 1,000 Employees, Chief Business Officer Jeremi Gorman Leaving To Join Netflix

Snap, the parent company of popular photo-sharing app Snapchat, is reportedly laying off more than 1,000 employees.

Snapchat Parent Company Snap To Lay Off Over 1,000 Employees, Chief Business Officer Jeremi Gorman Leaving To Join Netflix

Snap, the parent company of popular photo-sharing app Snapchat, is reportedly laying off 20 percent of its workforce. According to IANS, around 1,280 employees will be fired. Moreover, Snap's Chief Business Officer Jeremi Gorman is leaving to join Netflix. TikTok Video Goes Wrong, Teen Shot and Killed While Filming Dance Clip in Colorado.

(The above story first appeared on LatestLY on Aug 31, 2022 11:05 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).