Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is now crashing after reporting a fourth-quarter earnings miss. The Snapchat maker’s stock dropped by over 30% in after-hours trading as investors reacted to Snap’s underwhelming […]
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https://techcrunch.com/2024/02/06/following-this-weeks-layoffs-snaps-stock-tanks-30-on-q4-earnings/