SnapChat Lays Off 100 Engineers

[Stick Up Kid]

dont listen to your customer base and destroy your app brehs

Snap reportedly laying off around 100 engineers

Snap is about to undergo another round of layoffs, with this one seeing a cut of around 100 engineers, according to Cheddar and CNBC. While that’s a small portion of Snap’s total headcount — around 3,000 people — it reportedly represents about 10 percent of the company’s engineering team. The cuts are expected to come within a week and will be the first focused on engineering. Snap hasn’t commented on the report.

Snap reportedly laying off around 100 engineers

 

[50CentStan]

It's over for them

 

[Prince Luchini]

its been a year since I stopped messin with snapchat heard they got ads in between snaps now

are nikkas even on that shyt like that now?

 

[Trajan]

He should’ve cashed out ...$30b

Nerdy Google has failed at social time and time again, so it considered buying teen sensation Snapchat. The search giant held informal talks with Snap and floated an offer of $30 billion in 2016 before Snap’s last funding round, and just before its IPO this year, according to Business Insider’s Alex Heath. That offer was apparently an open secret inside Snap, and was on the table after the IPO, too.

But Snap’s notoriously independent CEO Evan Spiegel has apparently showed no interest in selling out to Google or anyone else. That’s despite the startup’s market cap slipping to around $15 billion after soaring as high as $30 billion when it IPO’d in May.


Google reportedly offered $30 billion to acquire Snapchat

 

[hayesc0]

its been a year since I stopped messin with snapchat heard they got ads in between snaps now

are nikkas even on that shyt like that now?

I uninstalled it shyt is terrible lol.

 

[Crude Abolitionist]

Hopefully they got rid of the people responsible for the latest update that everyone hates.

I bought stock in Snap.

 

[ogc163]

 

[⠀X ⠀]

Instagram stories killed snapchat

 

[Crude Abolitionist]

Galloway has been wrong before...

Who knows if it dips I will purchase more and just wait and see. I got in at $12 a share.

 

[ogc163]

Galloway has been wrong before...

Who knows if it dips I will purchase more and just wait and see. I got in at $12 a share.

They ain't doing shyt to undermine his argument.

 

[Crude Abolitionist]

They ain't doing shyt to undermine his argument.

*sigh*

You right

 

[Tropical Fantasy]

probably for the best, especially after snap almost destroyed their company with the new interface

 

[KingTut]

They had a chance to get back to where they were after Instagram crushed the buildings but then they pushed that garbage update. That pretty much sealed the coffin.

 

[Stick Up Kid]

Instagram stories killed snapchat

naw, the Snapchat Update killed Snapchat.

 

[FSP]

I'm blaming Miranda Kerr.

Obviously Spiegel was too neck deep in that to realize what was going on.

You don't see Zuck with fine hoes.

That's why he's winning