$Snap Inc (SNAP.US)$ The maker of the Snapchat app is facing...
$Snap Inc (SNAP.US)$ The maker of the Snapchat app is facing rising inflation and interest rates, supply chain shortages, labor disruptions and platform policy changes like Apple’s iPhone privacy feature, according to Spiegel. There’s also a negative impact from the war in Ukraine.
In order to manage expenses，Spiegel said Snap will continue to recruit new employees, but will slow its pace of hiring for the rest of the year. He still expects Snap to hire 500 new employees before the end of the year.
Part of the content is taken from CNBC.
In order to manage expenses，Spiegel said Snap will continue to recruit new employees, but will slow its pace of hiring for the rest of the year. He still expects Snap to hire 500 new employees before the end of the year.
Part of the content is taken from CNBC.
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