Live Updates: COVID-19 Cases
  • World 30,982,249
    World
    Confirmed: 30,982,249
    Active: 7,438,296
    Recovered: 22,582,580
    Death: 961,373
  • USA 6,967,403
    USA
    Confirmed: 6,967,403
    Active: 2,539,886
    Recovered: 4,223,693
    Death: 203,824
  • India 5,398,230
    India
    Confirmed: 5,398,230
    Active: 1,011,732
    Recovered: 4,299,724
    Death: 86,774
  • Brazil 4,528,347
    Brazil
    Confirmed: 4,528,347
    Active: 571,687
    Recovered: 3,820,095
    Death: 136,565
  • Russia 1,097,251
    Russia
    Confirmed: 1,097,251
    Active: 171,450
    Recovered: 906,462
    Death: 19,339
  • Peru 762,865
    Peru
    Confirmed: 762,865
    Active: 123,659
    Recovered: 607,837
    Death: 31,369
  • Mexico 694,121
    Mexico
    Confirmed: 694,121
    Active: 124,639
    Recovered: 496,224
    Death: 73,258
  • South Africa 659,656
    South Africa
    Confirmed: 659,656
    Active: 54,282
    Recovered: 589,434
    Death: 15,940
  • Spain 659,334
    Spain
    Confirmed: 659,334
    Active: 628,839
    Recovered: ?
    Death: 30,495
  • Chile 444,674
    Chile
    Confirmed: 444,674
    Active: 14,319
    Recovered: 418,101
    Death: 12,254
  • France 442,194
    France
    Confirmed: 442,194
    Active: 319,346
    Recovered: 91,574
    Death: 31,274
  • Iran 419,043
    Iran
    Confirmed: 419,043
    Active: 37,293
    Recovered: 357,632
    Death: 24,118
  • UK 390,358
    UK
    Confirmed: 390,358
    Active: 348,599
    Recovered: ?
    Death: 41,759
  • Bangladesh 347,372
    Bangladesh
    Confirmed: 347,372
    Active: 88,073
    Recovered: 254,386
    Death: 4,913
  • Saudi Arabia 329,271
    Saudi Arabia
    Confirmed: 329,271
    Active: 15,383
    Recovered: 309,430
    Death: 4,458
  • Pakistan 305,031
    Pakistan
    Confirmed: 305,031
    Active: 6,572
    Recovered: 292,044
    Death: 6,415
  • Turkey 301,348
    Turkey
    Confirmed: 301,348
    Active: 27,786
    Recovered: 266,117
    Death: 7,445
  • Italy 296,569
    Italy
    Confirmed: 296,569
    Active: 43,161
    Recovered: 217,716
    Death: 35,692
  • Germany 272,308
    Germany
    Confirmed: 272,308
    Active: 19,342
    Recovered: 243,500
    Death: 9,466
  • Canada 142,774
    Canada
    Confirmed: 142,774
    Active: 9,376
    Recovered: 124,187
    Death: 9,211
  • Netherlands 91,934
    Netherlands
    Confirmed: 91,934
    Active: 85,659
    Recovered: ?
    Death: 6,275
  • China 85,279
    China
    Confirmed: 85,279
    Active: 168
    Recovered: 80,477
    Death: 4,634
  • Australia 26,897
    Australia
    Confirmed: 26,897
    Active: 2,081
    Recovered: 23,967
    Death: 849
  • S. Korea 22,975
    S. Korea
    Confirmed: 22,975
    Active: 2,434
    Recovered: 20,158
    Death: 383
  • New Zealand 1,811
    New Zealand
    Confirmed: 1,811
    Active: 67
    Recovered: 1,719
    Death: 25

Snap Inc. is laying off about 100 employees, focusing on the advertising side

Author at TechGenyz Social Media
Snap Lays Off Employees
Credit: Telegraph

On Thursday, Bloomberg first reported that Snapchat Inc. is laying off about 100 employees. After aggressive hiring over the last few years, it is their latest step to restructure the company. This time the lay-off is focused on the advertising side of the business after trimming 120 engineering staff in March and 22 content staff in January.

This is the third round of layoffs for Snap in a year that’s only three months old. `Late last year we asked senior leaders across Snap to look closely at their teams to ensure they had the right resources and organizations to support their missions,” Imran Khan, Snap’s chief strategy officer, said in a statement.

Related:

[mnky_related_posts num=”2″]

But Snap’s recent moves to cut staff from several departments aren’t completely surprising, the rolling cuts are in part of a response to over-hiring as Snap scrambled to build an advertising business and release new products.

Cuts in the advertising department, in part, align with Snapchat’s push to sell ads more programmatically rather than through direct sales. Taking the last quarter 90 percent of Snap Ads were served programmatically, 10 percent more than the previous quarter and the move to programmatic has helped Snapchat’s revenue growth.

Though Snapchat has reported a better earning for the final quarter of 2017, competitors in social networks like Facebook and Instagram still far exceeds Snapchat in overall user numbers and in revenue, even with the #deletefacebook movement. It had 3,069 employees during its last quarterly earnings report. The updated number of employees is yet to know.

Source: Bloomberg

Career

Subscribe