Topics regarding layoffs at Snap Inc. / Snapchat

Topics regarding layoffs at Snap Inc. / Snapchat

Are we done for now?

Do you, guys, think it is over for now? Will these cuts bring some stability for the time? I can not really discern any long-term ideas but cuts for profits.

by
| 310 views | | no replies yet
Post ID: @OP+1r2FAqvt

From TheInformation.com

Yesterday, we were the first to report that Snap had cut several senior executives in a sweeping round of layoffs, partly in an effort to reduce the amount of stock based compensation it pays out to senior people. Monday’s leadership cuts follow a... — read more 

by
| 500 views | | no replies yet
Post ID: @OP+1qWKxTqK

Any new info?

Should be around 540 people. Do we know which areas are being most affected?

by
| 390 views | | no replies yet
Post ID: @OP+1qWTjs0l

More layoffs

It started last week, I'm not sure if it'll continue.

by
| 570 views | | 2 replies (last February 5, 2024)
Post ID: @OP+1qUhbILF

Snap conducts a small round of layoffs to its product team

Nearly 20 employees who held product management titles were laid off, Snap said in a statement on Wednesday. The layoffs come after Snap recently reported third-quarter earnings in which its overall sales grew 5% year-over-year to $1.19 billion... — read more 

by
| 490 views | | no replies yet
Post ID: @OP+1pvLk3L8

Snap is a "zombie"

https://www.marketwatch.com/story/these-zombie-companies-could-feel-the-cash-burn-warns-new-constructs-11656011268?mod=article_inline&mod=article_inline&mod=article_inline

by
| 960 views | | 1 reply (December 23, 2022)
Post ID: @OP+1kk515OJ

SNAP cr*p

Maybe user are just tired with all the BS? https://www.profgalloway.com/elephants-in-the-room/

by
| 720 views | | no replies yet
Post ID: @OP+1jxYtiTn

How's the job hunt going?

Those who were laid off, have you started looking yet? How is the job market looking right now? Are there enough openings available? I managed to dodge the bullet this time but I'm thinking that it won't be for long. The next round might not happen... — read more 

by
| 930 views | | 1 reply (October 5, 2022)
Post ID: @OP+1j3Lkv0T

LinkedIn offers

I thought LinkedIn was a safe and moderated place when it comes to who can send out job offers but I was wrong. I've received offers through that site that are obviously scams. It was easy for me to recognize it but what happens to the folks who... — read more 

by
| 890 views | | no replies yet
Post ID: @OP+1j0rzk6J

Facebook and Netflix

I've heard and read that Facebook and Netflix are trying to grab people laid off by Snap. I was thinking of applying there but I'm not sure that's the best idea since both of those companies have had layoffs recently and have announced more layoffs... — read more 

by
| 870 views | | 1 reply (September 20, 2022)
Post ID: @OP+1iODOXwN

I'm still angry

It's been several weeks and I'm still angry about the whole thing. I was a great employee. I always gave 110% and I was always willing to work late or work over the weekend. I was repaid by being tossed out without a second thought. How do you get... — read more 

About time

For those of us who are left, it is about time that we focused on doing things that actually contribute to revenue. (not that I've seen that consolidation yet, but hopefully it will come soon). For too long we've worked on whatever whim senior... — read more 

by
| 520 views | | no replies yet
Post ID: @OP+1iClExUd

Ugly

https://www.businessinsider.com/snaps-messy-layoffs-locked-workers-out-so-fast-they-couldnt-be-let-go-2022-9

by
| 800 views | | no replies yet
Post ID: @OP+1iB39sGB

My team was decimated

How we're expected to keep functioning is beyond me. I think they should have just cut all of us and been done with it. There's no way that the few of us who are left can do all the work that I'm sure is going to be expected of us. I'd preferred... — read more 

by
| 1120 views | | 1 reply (September 17, 2022)
Post ID: @OP+1iybSq7k

Snap Security Team Layoff

Do you know if the layoff affected the security team. Disclaimer: I do not work for Snap, I do recruiting (focusing on Security)

by
| 780 views | | no replies yet
Post ID: @OP+1ivqJ3pT

Evan's Email

Dear Team, Thank you for your patience as we have worked through our 2023 financial planning and reprioritization process. Our forward-looking revenue visibility remains limited, and our current year-over-year QTD revenue growth of 8% is well below... — read more 

by
| 1100 views | | 4 replies (last September 17, 2022)
Post ID: @OP+1ivjrAjE

Severance & Other

From what I heard so far, impacted Snap employees will get 4 months of salary and visa employees get extended period to find the next job. I think this is generious and fair. Visa employees will be especially thankful. On the other hand, other... — read more 

by
| 1520 views | | 2 replies (last October 25, 2022)
Post ID: @OP+1iumCNC9

Every time our stock goes down 6%...

Our useless CEO announces layoffs. That helps calm the Street, right - it also masks his own incompetence. Also, he's surrounded by a bunch of yes people who are just interested in titles and how much money they can extract from the company. This... — read more 

by
| 1260 views | | 4 replies (last September 1, 2022)
Post ID: @OP+1iuzLFSP

If you are hiring, please respond

we sadly let go of truly gifted, talented teammates today Snap -- if you are hiring (especially in AR or VR), please comment below with links so we can share and route incredible people your way!... — read more 

by
| 790 views | | no replies yet
Post ID: @OP+1iuCvV22

It's about to start

Nearly 1,300 people are going to be let go. It's not unexpected, but I have to say, the number is higher than I thought it would be. With so many tech companies laying off people, I'm worried that the job search will not be easy for anybody who gets... — read more 

by
| 1200 views | | no replies yet
Post ID: @OP+1iu78NaZ

Here it comes

I was wondering when it would be our turn with all the tech layoffs happening all over the place. I got my answer, sort of. We still don't know how many will be cut or when, but at least we know it's coming and we can prepare accordingly. The next... — read more 

by
| 1170 views | | no replies yet
Post ID: @OP+1i8JXV21

Hiring Freeze?

I am hearing about a hiring freeze, the stock just cratered another 25%, so I would not be surprised. The earnings were disappointing and I think there is more pain to come? Anyhow, what do you hear on the hiring freeze, who's impacted and how long... — read more 

Is it done?

After surviving two restructurings in a month, I'm not sure I can take much more. And I'm not the only one, one more round like this and there will be no more need for any additional layoffs as the rest will walk out on our own. Hopefully, things... — read more 

by
| 2550 views | | 2 replies (last June 28, 2021)
Post ID: @OP+Ss7O3Sy

New York Layoffs at Snap

More to come - here it goes: https://9to5mac.com/2018/01/18/snapchat-layoffs-grow-amid-struggles/ The reports say that the majority of the layoffs are from Snapchat’s content division, which is said to be consolidating its team to the company’s... — read more 

by
| 2120 views | | 1 reply (March 29, 2018)
Post ID: @OP+RiS1cas

More layoffs in the works for Snapchat

This is just a start, more cuts to come... https://www.axios.com/snap-reduces-headcount-plans-slower-hiring-for-2018-2499044572.html Snapchat parent company Snap has laid off employees as it slows its growth heading into 2018, Business Insider... — read more 

by
| 2520 views | | 1 reply (March 21, 2018)
Post ID: @OP+PQUHbxw

How many employees does Snapchat have?

I'd like to see if someone can share how employees they have right now (March 2017). I've seen posts on number of employees for 2015 (there was about 300 employees) but wanted to see if the number changed and if yes, how many employees Snap Inc. has... — read more 

by
| 4521 views | | 5 replies (last September 1, 2022)
Post ID: @OP+M6xK5t9

Start a new thread - post a news comment, question or message:

: