Re:Snap lays off 20% of employees
by swatcoder on Wednesday August 31, 2022 @03:32PM
(#32667195)
There’s cost, time, and unknown returns in spinning it off.
And it would apparently give a geographically dominant 40 MAU to a competitor.
It’s an insult to users and team members for Snap to just shut it down, and it could become bad PR, but there’s a reasonable case to be made on near-term business strategy.
And it would apparently give a geographically dominant 40 MAU to a competitor.
It’s an insult to users and team members for Snap to just shut it down, and it could become bad PR, but there’s a reasonable case to be made on near-term business strategy.