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Venice, California-based social networking app developer Snap Inc. The layoffs represent around 10 percent of Snap's engineering team. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews.
Venice-based Snap has cut another 100 of its employees , according to reports on Thursday, as it continues to trim its workforce. The cuts this time apparently came from the advertising side of Snap, and follows a big layoff of engineers in February. READ MORE>>.
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