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Snap Lays Off Two Dozen Employees

By  |  Jan. 18, 2018 1:21 PM PST
Photo: Photo by Bloomberg.

Snap laid off around two dozen people in recent days, mostly in its content team, according to people close to the company. The staff cuts, which also affected people in several other departments, are the latest sign of how Snap is being cost-conscious amid struggles with slow user and revenue growth.

Snap’s content team, which reports to head of content Nick Bell, is consolidating its operations at the company’s Venice, Calif., headquarters. Members of the team were previously based in New York as well as Venice.

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