Snapchat Lays Off 100 From Advertising Division in Department Restructure
It's the app's third round of layoffs this year
Snap is rolling out a new structure in an attempt to turn around sluggish quarterly results.
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After cutting jobs for roughly 120 engineers earlier this month and 22 staffers across the company in January, Snapchat is downsizing its staff yet again—and its latest round of layoffs targeted its advertising department. Snap is laying off 100 employees, which roughly equates to 3 percent of its total workforce.
