According to those familiar with the situation, Snap plans to lay off around 20% of its more than 6,400 workers.
The layoffs, which Snap has been preparing for some weeks, will begin on Wednesday and will be more severe in certain divisions than others, according to the sources. The team focusing on methods for developers to create micro applications and games within Snapchat, for example, will be badly harmed. Zenly, the social mapping startup Snap purchased in 2017 and has since run independently, will also see significant changes.
