Snap Inc, the parent company of Snapchat, has said that its recent layoffs of about 220 employees will save it $34 million per year in salaries and taxes, as well as a one-time benefit of $31 million related to stock-based comp forfeitures. Read more here: Layoffs to save $34 million annually: Snap Inc
Read More Here: Layoffs to save $34 million annually: Snap Inc
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