Snap Is Restructuring Its Hardware Team

Snapchat operator Snap (NYSE: SNAP) is reportedly shuffling its hardware team, including its leadership. Bloomberg reports that the leadership changes occurred earlier this month, and the company has laid off approximately a dozen employees within its Spectacles marketing team. The division is now being led by Mark Randall, while previous hardware leader Steve Horowitz has transitioned to a different position at Snap.

Randall has been with the company since May 2016 as VP of operations, and became VP of hardware in August 2017, according to his LinkedIn profile. He had previously been a supply chain executive at Alphabet subsidiary Google.

Image source: Snap.

Source: Fool.com