Snap Plans to Cut Over 20 Percent Staff, Netflix Hires Two Former Snap Executives: Reports

Snap Plans to Cut Over 20 Percent Staff, Netflix Hires Two Former Snap Executives: Reports

Snap is reportedly laying off over 20 percent of its workforce in the company’s latest move after losing shares. While the Snapchat parent has not revealed any details on the job cut, the company has reportedly confirmed on Tuesday that two of its senior advertising executives have exited. Meanwhile, Netflix…