Snap Inc. has laid off at least two dozen people across several divisions within the company, according to The Information and Cheddar which first reported the news.
Snap has since confirmed these layoffs, which largely affect those on the content teams in the New York and London offices. More than half of the two dozen employees laid off today were part of the content team.
Snap tells TechCrunch that what’s left of the content division will now move to the company’s Venice, California location and that it will continue to hire on the content team. According to Snap, this is just part of finding the right people for the job.
These layoffs also may not have been unexpected, as they are part of a reorganization effort to cut costs due to the lackluster growth at the…