Snapchat CEO teaches new employees a strict lesson
The billionaire CEO uses a harsh tactic to promote creativity at the company.
Social media platform Snapchat, which is owned by Snap (SNAP) , has now no longer too prolonged ago gone by intention of important adjustments in its location of work.
Final year, Snap laid off roughly 10% of its global team, or about 500 of its workers, as a capacity to “promote in-particular person collaboration” and “slice hierarchy.”
⏰ Procure knowledgeable insights and actionable alternate alerts from dilapidated investing experts and hedge fund managers. Join TheStreet Pro currently and gain the first month FREE
What's Your Reaction?
