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Snapchat owner to lay off staff after receiving tax incentive to create Utah jobs

Snap Inc. will lay off staff due to slowing revenue, the Verge reported.

(Amr Alfiky | AP) This July 30, 2019, photo shows an introduction page for Snapchat shown in a mobile phone displayed in Apple's App Store in Chicago. The company Snap, which operates the social media app, got state money to create Utah jobs in 2017 and now reportedly plans to lay off staff.