Snap’s lab for making hardware such as the Snapchat Spectacles video-camera glasses cut jobs yesterday after changing managers earlier this month, Bloomberg News reported, citing unnamed sources.

Snap has confirmed reports that it will lay off around 20 percent of its employees — approximately 1,300 people — to reduce costs. The company has also canceled most original Snapchat shows (save for ...

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 ...

Snapchat launched its first piece of hardware in 2016, in the form of its first generation Snap Spectacles. The smart glasses retailed at $129.99, and featured a single camera on one side, from which ...