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Snap Is Restructuring Its Hardware Team


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.

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Source: Fool.com

Meta Platforms Inc. Stock

€429.00
2.510%
There is an upward development for Meta Platforms Inc. compared to yesterday, with an increase of €10.50 (2.510%).
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.
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