Tuesday, August 30, 2022

Snapchat-parent may have plans to lay off about 20% of employees, claims report

Technology companies, crypto exchanges and financial firms have cut jobs and slowed hiring as global economic growth weakens due to higher interest rates, red-hot inflation and an energy crisis in Europe. The company's shares, which ended down 2.4% on Tuesday, have lost nearly 79% of their value so far this year.

from Gadgets Now https://ift.tt/xwnkGQC

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