Post by Shay Boloor on X
Shay Boloor@StockSavvyShay
X$SNAP is laying off ~16% of its workforce while guiding for ~$1.53B in Q1 revenue, ~$233M EBITDA and up to $130M in restructuring charges.
Tough scene for morale when layoffs hit right after the CEO Evan Spiegel is having the time of his life at Coachella.

1.3K likes110 repliesPosted Apr 15, 2026