
Snap Will Lay Off One in Five of its Employees This Week [Update: Confirmed]
Snap, the parent company of photo-sharing app Snapchat, is laying off 20 percent of its staff this week, which equates to over 1,000 employees.
Snap, the parent company of photo-sharing app Snapchat, is laying off 20 percent of its staff this week, which equates to over 1,000 employees.
Snap's Pixy drone was announced only four months ago, but the company has already decided it's not going to make more.
Snap Inc, the company behind Snapchat, has announced its long-rumored drone. Called Pixy, the company is positioning it as a friendly, pocket-sized, free-flying sidekick.