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Snap CEO Evan Spiegel has confirmed layoffs at the struggling social media biz, telling employees in a letter that 20 percent of them will lose their jobs, mostly from teams working on one of the variety of projects it also plans to ax.
https://www.theregister.com/2022/08/31/snap_layoffs/
Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing.
https://techcrunch.com/2022/08/0 ... rn-takes-its-tolll/
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