A Tech CEO Explains Layoffs (Insider Comms™ From Snap)

Insider Comms for mixternal communications

In June, Snap CEO Evan Spiegel sent a memo to his ~5,660 employees letting them know that the company will cut spending due to “macro” economic circumstances, including slowing down hiring.

• Despite the bad news it was a well-written memo. Read it and my analysis here.

Almost three months later the other shoe has dropped.

Last week Snap, the parent compan…