
FILE PHOTO: The Snapchat app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration
March 8, 2018
SAN FRANCISCO (Reuters) – Snapchat owner Snap Inc will cut just over 120 engineers and reorganize its engineering team, according to a company memo seen by Reuters on Thursday.
The smartphone app known for popularizing disappearing messages will offer a package of benefits to those being laid off, the memo from engineering chief Jerry Hunter said.
(Reporting by David Ingram)