Snapchat, Tyler Le/Insider
- Snap is planning another round of layoffs.
- In a regulatory filing dated Monday, Snap said it would slash 10% of its workforce.
- It's the latest tech company to make cuts in 2024.
Snap announced another round of layoffs on Monday, the latest for Snapchat's parent company.
The company said in a regulatory filing that it would cut 10% of its workforce. Snap employs approximately 5,300 workers, according to its last publicly reported headcount.