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Snap(SNAP) - 2023 Q4 - Annual Report
2024-02-06 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-K ______________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38017 ...
Snap计划在全球裁员10%,约500名员工受影响
网易科技· 2024-02-06 00:30
2月6日消息,美国时间周一,社交媒体公司Snap宣布全球范围内裁员10%,约500名员工受影响。据公司解释,此次裁员部分目的是为了“促进面对面的合作”。 Snap首席执行官埃文·斯皮格尔(Evan Spiegel)表示,此次裁员包括多位高管,部分目的是减少向高管支付的股票薪酬。这些人包括内容总监萨姆·科劳·克兰(Sam Corrao clon)、内容工程副总裁丁周以及负责平台合作的副总裁康斯坦丁诺斯·帕帕米尔蒂亚迪斯(Konstantinos Papamiltiadis)。 与许多规模较小的科技公司一样,Snap公布的季度财报中,股票薪酬占收入的比例很高,这严重压低了其营业利润。例如,去年前三个季度,Snap公布了近10亿美元的股票薪酬支出,此前该公司创造了32亿美元的收入。在计入股票补偿费用后,该公司的营业亏损达11亿美元。 自2022年以来,Snap已进行了多轮裁员,最近一次是在去年11月,当时公司裁减了一小部分产品团队的员工。上一次大规模裁员发生在2022年8月,当时公司削减了20%的员工,并对业务进行了重组。 根据监管文件显示,Snap预计此次裁员将产生5500万至7500万美元的费用。Snap的一位 ...
Snap Announces Job Cuts Before Earnings
Schaeffers Research· 2024-02-05 19:39
Snap Inc (NYSE:SNAP) stock is moving lower today, down 3.1% to trade at $16.51, after the social media giant became the latest tech company to announce layoffs, cutting 10% of its workforce. This comes ahead of the Snap's latest earnings report, due out after the close tomorrow, Feb. 6. Snap stock doesn't have the brightest post-earnings history, having closed its last six next-day sessions lower. Over the past two years, SNAP has averaged a large post-earnings swing of 21.8%, regardless of direction, which ...
Snap Layoffs 2024: What to Know About the Latest SNAP Job Cuts
InvestorPlace· 2024-02-05 18:34
Social media firm Snap (NYSE:SNAP) will lay off approximately 500 employees or 10% of its global workforce. Almost immediately, SNAP stock fell sharply. Since 2022, Snap layoffs have represented a rather burgeoning development. Also, the headcount reduction within the technology ecosystem clashes with the broader bullish sentiment for the U.S. economy.According to a CNBC report, Snap anticipates that it will incur charges ranging from $55 million to $75 million, based on a regulatory filing. In November, th ...
Snap, the owner of Snapchat, is laying off about 10% of its global workforce
TechXplore· 2024-02-05 18:16
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The icon for instant messaging app Snapchat is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 528 employees, just the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it currently estimates $55 ...
Snapchat owner to cut more than 500 jobs
Skynews· 2024-02-05 17:40
The owner of Snapchat has become the latest tech firm to announce job cuts.Snap Inc said it would shed 10% of its workforce - around 530 employees - with most roles expected to go in the first quarter. The disclosure was made in a regulatory filing, which also revealed the company expects to face charges of up to $75m (£60m) in severance payouts and other related costs.The California-based firm employs more than 5,300 staff globally, including around 500 in the UK.A Snap spokeswoman told Sky News it was una ...
Snapchat owner slashes 10% of workforce
Business Insider· 2024-02-05 16:55
Snap is planning another round of layoffs.In a regulatory filing dated Monday, Snap said it would slash 10% of its workforce.It's the latest tech company to make cuts in 2024. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy ...
Snap Slashes 10% Of Workforce In Latest Tech Layoffs
Forbes· 2024-02-05 15:30
ToplineSnap is laying off about 10% of its employees worldwide, the social media company announced Monday, becoming the latest tech company to start the year off by cutting some of its workforce.The social media company joins Microsoft, Zoom, Okta and others that have laid employees off in the ... [+] new year.Drew Angerer/Getty Key FactsMore than 500 employees will be laid off as part of Snap’s latest round of cuts in order to “best position our business to execute on our highest priorities,” according to ...
Snap lays off 10% of workforce in tech sector bloodbath
New York Post· 2024-02-05 15:17
Snap said Monday it will lay off 10% of its workforce, adding to an ongoing bloodbath among US tech giants since the start of the year.Snap said it expects to incur pre-tax charges “in the range of $55 million to $75 million” as a result of the cuts. The costs are “primarily consisting of severance and related costs,” with the majority expected to be reflected in the company’s first-quarter results, according to a regulatory filing.“In order to best position our business to execute on our highest prioritie ...
Snap to cut 10% of global workforce
Fox Business· 2024-02-05 15:15
Snap Inc. said on Monday that it plans to cut 10% of its global workforce. "In order to best position our business to execute on our highest priorities, and to ensure we have the capacity to invest incrementally to support our growth over time, we have made the difficult decision to restructure our team," the company announced in a Securities and Exchange Commission filing Monday. The parent company of social media platform Snapchat said it expects to incur charges between $55 million and $75 million during ...