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Snap to cut 20% of staff, cancel projects in cost-cutting effort

admin by admin
August 31, 2022
in Technology
Snap to cut 20% of staff, cancel projects in cost-cutting effort
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The Snapchat app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

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Aug 31 (Reuters) – Snap Inc (SNAP.N) said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and…



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