Snap Inc (SNAP) is cutting 16% of its workforce to save $500 million. While earnings estimates are rising, analysts warn that declining user numbers remain a major red flag.
Can Cost Cuts Save Snap? Analysts Skeptical As North American Users Decline
Snap Inc (SNAP) is cutting 16% of its workforce to save $500 million. While earnings estimates are rising, analysts warn that declining user numbers remain a major red flag.