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Meta Platforms, Inc. (META)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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170.25+3.14 (+1.88%)
At close: 04:00PM EDT
170.99 +0.74 (+0.43%)
After hours: 07:59PM EDT
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  • Reuters

    Snap plans to lay off employees- The Verge

    The scope of the job cuts is currently unclear as managers are still planning it for their teams, the report said, adding that the Snapchat-owner has more than 6,000 employees. Snap declined to comment when contacted by Reuters. The development comes as technology companies, crypto exchanges and financial firms cut jobs and slow hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy crisis in Europe.