(2023-11-09) Snap Lays Off20 Product Managers To Speed Up Decisionmaking
Snap (SnapChat) lays off 20 product managers to speed up decision-making. Snap is going through a reorganization and has laid off "nearly 20 product managers," according to The Information. The job cuts follow a string of departures and position shuffling over the past few months. A company spokesperson told the publication that the layoffs were meant to speed up the company's decision-making process, presumably because they'd be cutting out people between lower-level employees and higher-level managers
According to Campaign, brands have slowed down their advertising activities on various social networks because of the influx of misinformation regarding the Israel-Hamas war.
much smaller in scale than the company's layoffs last year, which saw 1,300 employees lose their jobs