Snap Stock

2022 - 8 - 31

Snap Stock Surges 15% Following Layoffs (Forbes)

Snap shares are still down more than 75% year-to-date even after the rally spurred by the company slashing 20% of its workforce.

Snap stock price falls to fresh lows on report that layoffs are coming ... (Fast Company)

In addition to reported layoffs, the company is losing two of its top ad executives, who are leaving for Netflix.

Why Snap Stock Jumped on Wednesday (Motley Fool)

The photo- and video-sharing app is making big moves to improve its path to profitability.

Why did Snap stock shoot up today? A refocused restructuring (Seeking Alpha)

Snap (SNAP) was up 9.5% late Wednesday, logging its best trading day since May, following its confirmation that it will undergo a major restructuring ...

Snap Slashes Workforce As It Faces Consequences Of Lower ... (Investor's Business Daily)

Snap stock jumped as the social media company said it would slash 20% of its more than 6000-person workforce and shutter some projects.

Snap Will Cut 20% of Workforce, Slash Investments, Add COO (Bloomberg)

Snapchat's parent company is slashing staff and scaling back investments in straggling businesses, an attempt to rein in costs following a slowdown in ad ...

Snap Stock: What to Know About Its Restructuring Plan (Motley Fool)

The company is reducing its risk by reducing its workforce by 20% and halting specific projects. Management also shared its three strategic priorities and a ...

31, 2022. The company is reducing its risk by reducing its workforce by 20% and halting specific projects. Management also shared its three strategic priorities and a small glimpse of the current quarter.