Source: iNVEZZ

Snap: Snap Inc just announced a restructuring plan

Snap Inc (NYSE: SNAP) is in the green this morning after announcing a "restructuring plan" that it expects will lower costs by $500 million annually. Snap to cut workforce and scrap projects In a memo on Tuesday, the social media company said it will trim its global workforce by 20% and exit a list of [...]The post Snap Inc just announced a restructuring plan appeared first on Invezz.

Read full article »
Annual Revenue
$4.6B
Employees
5,660
Evan Spiegel's photo - Co-Founder & CEO of Snap

Co-Founder & CEO

Evan Spiegel

CEO Approval Rating

81/100

Read more