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Snap Stock: What to Know About Its Restructuring Plan

TheMotleyFool

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Snap Stock: What to Know About Its Restructuring Plan: https://g.foolcdn.com/editorial/images/698848/jose-najarro-77.png

Today's video focuses on Snap (NYSE: SNAP) and how the company plans to reduce its cost structure to avoid significant ongoing losses. The company is reducing its risk by reducing its workforce by 20% and halting specific projects. Management also shared its three strategic priorities and a small glimpse of the current quarter. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Aug. 31, 2022. The video was published on Aug. 31, 2022.

Source Fool.com

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