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Snap Employees Eye Exits As Stock Sinks

Posted

October 24, 2018

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7,606

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Snapchat employees are looking to jump ship in growing numbers after a botched app redesign and drop in stock price soured many on the company’s future, according to an internal, anonymous survey.

In the survey obtained by Cheddar, 40 percent of Snap’s ($SNAP) roughly 3,000-person workforce indicated that they didn’t plan to stay at the company. The response marked an 11 percentage point increase from the last time Snap conducted the survey in the first quarter of 2018.

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Snaps SNAPYouTube Connect

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Snap Employees Eye Exits As Stock Sinks · Cheddar · Sentinel