Posted on 02/05/2024 8:53:13 AM PST by ChicagoConservative27
Snap, the maker of the social media platform Snapchat, says it will lay off 10 percent of its global workforce, around 500 employees, to “promote in-person collaboration.”
The social media company, which laid off 20 percent of its staff in 2022 and a small number of product employees in November, made its announcement on Monday, amid its shares falling around one percent in morning trading, according to a report by CNBC.
“We are reorganizing our team to reduce hierarchy and promote in-person collaboration,” a Snap spokesperson told CNBC. “We are focused on supporting our departing team members.”
(Excerpt) Read more at breitbart.com ...
Microsoft laid off workers,Fed-Ex laying workers, Google laying off workers, American Airlines laying off workers...
Yeah. The economies doing great. Sure.
I’ll have to stop sending those pictures over Snapchat (/s)
FD: I haven’t used Snapchat in at least 4-5 years, and even then it was only communication method #3 when methods #1 and #2 weren’t working
You have to make money to pay employees.
Correction. That s/b ‘Fed-Ex laying OFF workers’.
Good grief. Made this mistake on FR. I might be doomed...
They may get lots of person to person collaboration—with demoralized employees.
OK, to be Sirius. IT daughter says that all this tech layoff-ing is the result of a lot of people being hired years ago when these projects were starting, who should have been let go sometime in the last four years but weren’t because of all the gushing funds from the gubmint during COVID, so instead of it happening one project at a time, they’re all shrinking their workforce at once. You’ll never know this outside of here, because the MSM still has to shill for the left regardless.
Is that part of the benefits package?
CC
IT daughter is right.
Happy days are here again and the economy is BOOMING....says the “media”.
so then the pedophiles, porn merchants and drug dealers should expect a decrease in platform quality?
Rich people are doing great. But then again, the Democrats have always been the party of the rich.
How am I going to get nude pics from girls if SnapChat goes down?…
Of course it is! Why, just look at this completely blank page: https://layoffstracker.com/non-tech-layoffs/
They must be thinking that if they call it something fancy, like “in-person collaboration”, people will think it sounds nice and forget that they prefer to
not commute, and to work from home instead.
My daughter made me get Snapchat. She likes to send videos of her talking instead of texts. I don’t like Snapchat.
Whoa! That is some little ‘tracker’ there.
So laying off people is going to ‘Promote In-Person Collaboration’.
It’s going to make things go much better. Yeah.
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