Snap Lays Off Two Dozen Employees

  • Snap Lays Off Two Dozen Employees

Snap Lays Off Two Dozen Employees

Snap Inc has gone on another firing rage on Thursday, Jan. 18, laying off 22 staff members from its editorial content division.

Stap Inc, company behind the popular Snapchat app had reportedly laid off two dozen of employees across divisions most of whom were part of the content team. Cheddar's report, which cites people familiar with the matter, suggests that a handful of employees in the firm's NY and London offices were also asked to relocate to the company's Los Angeles headquarters.

More than half of the two dozen people laid off were part of the content team.

Snap has issued a threatening memo to employees about the recent uptick in leaks.

The move was first revealed in a memo obtained by Cheddar and later confirmed by a Snap spokesperson, with the US-based website also reporting that the overhaul will affect the headcount in its content, engineering and partnership teams. "We also need to have an organization that scales internally".

Nick Bell, Snap's vice president of content, has been making key executive hires in recent months - including former Storyful CEO Rahul Chopra - as he looks to increase the number of partners that use Snapchat Discover, doubles down on breaking news and widens the distribution of its content. At the time, founder Evan Spiegel announced in a letter that the company would be slowing hiring efforts in 2018 and that managers would be asked to make "hard decisions" about teams that weren't performing well in order to get the company back on track.