Snap Inc., parent company of the popular photo messaging app Snapchat, laid off around 7% of its staff in March. The company expects to save $25 million in 2018 on payroll and taxes, it said in a filing Friday. Around $10 million of that savings will go toward severances. Despite the savings, the company has one other major expense this year.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News