Tue, 21-Oct-2025

Snapchat Fired 20 Product Managers to Boost Productivity

Snap failures revenue estimate, shares fall 30%

Snapchat laid off nearly 20 product managers to boost productivity and reduce costs. Following recent furloughs, this restructuring is smaller than last year’s layoffs of 1,300 employees. In Q3 2023, Snapchat reported a 5% revenue increase, reaching $1.19 billion, the highest in six months. Snapchat has reportedly laid off “nearly 20 product managers” as a … Read more