HomeLifestyleEntertainmentSNAP To Lay Off 20% Of Workforce: Outlook For social Media Stocks
SNAP To Lay Off 20% Of Workforce: Outlook For social Media Stocks

TikTok and YouTube shorts are dramatically eating into the growth potential of both Snap (SNAP) and Facebook (META), says Emil Michael. He talks about how SNAP is laying off 20% of workforce as the company restructures. He compares the social media companies Meta (META), Snap (SNAP), Twitter (TWTR), and Pinterest (PINS). He also talks about how Apple's (AAPL) privacy changes are still weighing on social media companies. Tune in to find out more about the stock market today.

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31 Aug 2022

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