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Snap to lay off ‘approximately’ 10% of its staff

Elsewhere, last week the firm’s chief executive Evan Spiegel was grilled alongside the bosses of X (formerly Twitter), Meta, Discord and TikTok at a US Senate hearing about child safety online, where senators’ attention mostly fell on Meta chief executive Mark Zuckerberg and TikTok boss Shou Zi Chew.

Source: BBC