Snapchat owner to cut more than 120 engineers

FAN Editor
The Snapchat app logo is seen on a smartphone in this illustration
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)

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