Sunday, 1 April 2018
Layoffs to save $34 million annually: Snap Inc
Snap Inc, the parent company of Snapchat, has said that its recent layoffs of about 220 employees will save it $34 million per year in salaries and taxes, as well as a one-time benefit of $31 million related to stock-based comp forfeitures.
You can read more here: Layoffs to save $34 million annually: Snap Inc
Subscribe to:
Post Comments (Atom)
Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
-
The long-awaited goods and services tax (GST) is set to be rolled out on July 1. While its benefits are beyond question, business and indus...
-
Indian cement sector is sitting on upwards of Rs 60,000 crore of "sunk investment in surplus capacities", but expects big infrast...
No comments:
Post a Comment