Snap to cut 528 jobs from worldwide workforce

The job cuts account for 10% of Snap's employees worldwide.
Snap is reducing its workforce by 528 people, or roughly 10% worldwide, joining the chorus of technology companies that have announced fresh rounds of cuts since the start of the year.
The cuts are being made to “best position our business to execute on our highest priorities”, Snap said. A spokesperson added the social media company was reorganising the team to reduce hierarchy and promote in-person collaboration.