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…
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