Snap Confirms Laying Off 120 Engineers

Snapchat corporate parent Snap Inc. is indeed making significant staff cuts: A spokesperson confirmed Thursday that it is laying off around 120 members of its engineering team. This comes a day after reports first surfaced about the company’s plans to cut at least 100 jobs.

“We have made the exceptionally difficult decision to exit just over 120 members of our team from the company,” Snap senior VP of engineering Jerry Hunter wrote in an internal staff memo that was first published by Cheddar.

Hunter painted the layoffs as a way to build “high-performing, technically excellent, and appropriately aligned teams” within the company. “That required us to think carefully about the shape of the organization, and where each member of our team fits,” he wrote.

Snap’s spokesperson declined to comment on the company’s current headcount Thursday, but the company recently told investors that it had 3,069 employees at the end of 2017. Snap had already laid off 22 staffers from its content team and other divisions in January, and also cut jobs in its recruiting and hardware divisions last fall.

The layoffs come about a month after Snap posted its best quarter yet as a public company, adding 8.9 million daily active users in Q4 of 2017 while at the same time beating revenue expectations. Snap CEO Evan Spiegel had already told staff that the company would slow down hiring in 2018.

The company is still in the process of telling affected staffers about their future at the company,  and has planned a company-wide meeting for next week to go over the changes with employees, according to Hunter’s memo.

Popular on Variety

More Digital

  • T.J. Dillashaw, right, kicks Cody Garbrandt

    Disney Plans UFC Broadcast for FX

    UFC matches will return to FX  – but not on a permanent basis. ESPN has been showing preliminary bouts to UFC pay-per-view events for the last while on ESPN and ESPN2, and then showing the main card on its ESPN+ subscription video service. In September, the early lineup will air on FX, which the UFC [...]

  • fundo logo

    Google‘s Area 120 Is Testing Fundo, a Crowdfunding Service for Creators (EXCLUSIVE)

    Google’s skunkworks lab Area 120 has been quietly testing an events-centric crowdfunding service for YouTubers, Variety has learned. Called Fundo, the service allows creators to invite their fans to virtual meet & greet sessions and other paid online events. A Google spokesperson confirmed the testing in a statement provided to Variety: “One of the many [...]

  • Telling Lies - Logan Marshall-Green

    Sam Barlow's 'Telling Lies' Government-Surveillance Thriller Game Sets Release Date

    After more than two years in the works, “Telling Lies” — the investigative thriller from acclaimed game creator Sam Barlow — is ready to take the stage. The game, produced with and released by Annapurna Interactive, will be available next Friday, Aug. 23, via Steam and Apple’s Mac and iOS app stores. “Telling Lies” will [...]

  • YouTube logo

    YouTube Will Stop Letting Copyright Holders Seize Revenue via Manual Claims on Very Short Music Clips

    YouTube is pushing back against overzealous copyright policing by music companies. Starting in mid-September, the video giant will forbid copyright holders from making manual claims to commandeer revenue generated by YouTube videos that include very short music clips (e.g., five seconds of a song) or “unintentional” music (like music from passing cars). “One concerning trend [...]

  • Chelsea Handler memoir book buy online

    Chelsea Handler Bonds With Alexa in iHeartRadio Smart Speaker Promo

    iHeartRadio has teamed up with Amazon to promote Chelsea Handler’s podcast “Life Will Be The Death Of Me.” Beginning this Thursday, users of Amazon’s Echo smart speaker and other devices with Alexa built-in can opt to get their mornings started with Handler cracking jokes and exchanging banter with the smart assistant. Users simply have to [...]

  • David Messinger, Activision Blizzard

    Activision Blizzard Hires CAA Veteran David Messinger as CMO

    Activision Blizzard tapped David Messinger, a former 15-plus-year veteran of CAA, as its first corporate-wide chief marketing officer. Messinger, based in Santa Monica, reports to Coddy Johnson, Activision Blizzard’s president and COO. It’s the first time the video-game company has appointed a CMO who will oversee the global marketing operations across all of Activision Blizzard [...]

More From Our Brands

Access exclusive content