Home » After an outcry over having transphobic forum Kiwi Farms as a client, Cloudflare says denying security services due to “despicable” content is the wrong policy (Joseph Cox/VICE)

After an outcry over having transphobic forum Kiwi Farms as a client, Cloudflare says denying security services due to “despicable” content is the wrong policy (Joseph Cox/VICE)

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Parker Herren / Ad Age:   Netflix names Snapchat execs as its first advertising leaders

Hannah Murphy / Financial Times:   Snap to cut 20% of staff in digital advertising downturn

Jody Serrano / Gizmodo:   Snap Becomes Silicon Valley’s Latest Grim Reaper, Will Lay Off More Than 1,000 Workers

Kalley Huang / New York Times:   Snap Cuts 20% of Employees and Restructures

Marketing Dive:   Netflix secures 2 Snap execs to spearhead advertising push

Jordan Parker Erb / Insider:   How Shopify monitors its employees on Slack

TechCircle:   Snapchat parent to lay off 20% workers, report

Pesala Bandara / PetaPixel:   Snap Will Lay Off One in Five of its Employees This Week: Report

Shweta Ganjoo / BGR India:   Snap is laying off 20 percent of its workforce: Report

Andrew Hutchinson / Social Media Today:   Snapchat’s Reportedly Looking to Cull Over 1,200 Jobs as Part of its Broader Cost-Cutting Efforts

Transistori:   Snap suunnittelee irtisanovansa 20 % työvoimastaan

Duncan Riley / SiliconANGLE:   Report: Snap to begin laying off 20% of workforce this week

Filipe Espósito / 9to5Mac:   Snap to lay off 20% of its workforce due to slowdown and Apple competition

Samson Amore / dot.LA:   Report: Snap Plans To Lay Off 20% of Staff

Todd Spangler / Variety:   Snap to Lay Off Nearly 1,300 Employees, 20% of Headcount, Report Says

Kris Holt / Engadget:   Snap reportedly plans to lay off around a fifth of its employees

Jonathan Vanian / CNBC:   Snap will lay off 20% of staff, report says

Theo Wayt / New York Post:   Snapchat plans to ax more than 1,200 employees amid brutal stock slump: report

Arthur Brown / Android Headlines:   Snap Might Lay Off 20% Of Its Staff

Martin Peers / The Information:   Snap Cracks, a YouTube Exec Bounces

Eva Mathews / Reuters:   Snap plans to cut staff by 20% – the Verge

Connor Smith / Barron’s Online:   Snap Plans to Lay Off 20% of Employees: Report

Tweets:

Eric Seufert / @eric_seufert:   @om … I cant imagine that happening. Y/Y growth has slowed (-1% last Q, +3% on constant-currency basis) but the company is still incredibly profitable. Also: Meta has already made meaningful progress in adapting to privacy environment — Snap, per last Q, is just starting.

Dare Obasanjo / @carnage4life:   Looks like I missed the news of 20% layoffs at Snap which makes losing two senior ad execs to Netflix less of a surprise. The layoffs are a far cry from the company announcing in February of this year that Apple’s privacy changes have no effect on them. https://www.theverge.com/…

Alex Heath / @alexeheath:   @eric_seufert … Co-sign Eric. Also, Meta is doing forced attrition as I outlined here https://www.theverge.com/…

Ryan Ford / @theryanford:   This is a hell of a notice. Snap employees now get to experience the total anxiety of 24 hours of waiting to see if they still have a job. https://twitter.com/…

Tessa Kriesel / @tessak22:   Knowing but not knowing yet is absolutely brutal. https://twitter.com/…

Jason Kint / @jason_kint:   Perfect hires. Congrats to both. https://twitter.com/…

@editorialiste:   “Like its other tech peers, Snap hired aggressively during the pandemic … the problem is that Snap’s business hasn’t fared well coming out of the pandemic.” https://twitter.com/…

@jason:   Serious RIFs still rolling in, lbut the open jobs number still high feels like we’re triangulating the true bottom, which is a healthy but painful process. https://twitter.com/…

Alex Heath / @alexeheath:   @om @Meta Would never rule out, but it’s quite a different situation from an EBITDA margin / scale perspective

Joanna Stern / @joannastern:   Sad to see the cut backs in AR hardware. Snap is doing some of the most interesting stuff right now in AR. https://twitter.com/…

Florian Mueller / @fosspatents:   From @alexeheath’s article: “thanks to recession fears and the trouble it had navigating Apple’s crackdown on ad tracking across iOS apps” though “user base has continued to grow strongly”. That’s the same Snap that tried to help Apple against @TimSweeneyEpic on last day of trial https://twitter.com/…

@om:   @alexeheath … Given how much of the larger economy and startup ecosystem is in trouble, they will probably be more impacted. The slowdown isn’t fully factored into all forecasts and it be interesting to watch. They have adapted, but might be time to use this San excuse to be “leaner”

@om:   @alexeheath @Meta The scale of their problems is bigger as well. I wouldn’t be surprised and it could be soon!

Alex Kruglov / @akruglov:   What worries me here as a shareholder is that they seem to be cutting areas where I was seeing future growth (e.g., games, micro-transactions, new products). Hope to be proven wrong… $SNAP https://twitter.com/…

@cjthesmartguy:   First the crypto industry, now the tech industry… this is how recessions snowball https://twitter.com/…

@fullbeerbottle:   Snap back to reality, Oh, there goes gravity https://twitter.com/…

@themediaisdying:   That’s a lot of staff. https://twitter.com/…

David Pierce / @pierce:   Oof, that’s a big big number for Snap https://twitter.com/…

@hedgeyecomm:   20% is still a large # $SNAP – smaller than the 50% top-line growth forever guidance they gave in Feb 2021 though. https://www.theverge.com/…

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