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Snap Is Laying Off Around 100 Engineers

Posted by BeauHD on from the slice-and-dice dept.

An anonymous reader quotes a report from CNBC: Snap is laying off about 100 engineers -- nearly 10 percent of the team -- CNBC has learned. The company has seen smaller rounds of layoffs in recent months in its marketing, recruiting and content divisions. These layoffs would be Snap's largest yet and the first to hit the company's engineers. The company last month rolled out the redesign of its pioneering photo messaging app. The redesign separated publisher content from content posted by friends and connections. Snap reported roughly 3,000 employees as of the December quarter and said in its first annual filing that it expected "headcount growth to continue for the foreseeable future."

4 of 64 comments (clear)

  1. Re:Isn't that the company with the messaging app? by Anonymous Coward · · Score: 5, Funny

    You think that's bad, look at google. Their product is just a form with a single field.

  2. Re:Isn't that the company with the messaging app? by hawguy · · Score: 3, Funny

    Who names a productivity software, "Slack"

    If you've seen the inane conversations that go on in a typical company's slack channels, you'd know that it's an appropriate name

  3. Re:No they're not. by 93+Escort+Wagon · · Score: 3, Funny

    They are laying off programmers. Snap doesn't have any engineers.

    You must be from Oregon.

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  4. Re:Isn't that the company with the messaging app? by JustAnotherOldGuy · · Score: 3, Interesting

    Exactly my question....

    "Snap reported roughly 3,000 employees as of the December quarter"

    What in the world could they be doing to need 3,000 people?? WTF?

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    Just cruising through this digital world at 33 1/3 rpm...