Posts Tagged ‘news’

Snap lays off Web3 division

Posted on September 4th, 2022 by

Social media giant Snapchat is laying off employees in a move to cut losses procured from reduced growth. Snap CEO Evan Spiegel revealed that executives were worried about the company’s underperformance in July after the release of its Q2 earnings report Snap’s Q2 revenue of $1.11 billion, up 13% from the same period last year, […]