The Snap cofounder has always shunned Wall Street and taken big bets that won't pay off for years. In August, that approach suddenly changed.
Snap is cutting 10% of staff as social media cope with ad slump - Los Angeles Times
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Snap Inc cuts 530 employees, 10% of workforce, to boost in-person work, US work & careers
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Snap is cutting 10% of staff as social media cope with ad slump - Los Angeles Times
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Snapchat firm cuts 1,300 staff in face of advertising downturn, Snapchat
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Snap to lay off 10% of staff, cutting approximately 500 jobs