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 […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Source : Following this week’s layoffs, Snap’s stock tanks 30% on Q4 revenue
