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The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it ...
Snap Inc. is an American technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California.The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji.
Snapchat is an American multimedia instant messaging app and service developed by Snap Inc., originally Snapchat Inc.One of the principal features of the multimedia Snapchat is that pictures and messages are usually available for only a short time before they become inaccessible to their recipients.
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Later that year, Spiegel worked with fellow Stanford classmates Bobby Murphy and Reggie Brown to launch a prototype of this concept called "Picaboo", which they later renamed as Snapchat. [ 8 ] [ 9 ] The app's popularity grew significantly and in 2012, Spiegel left Stanford to focus on Snapchat shortly before completing his degree.
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