- Snapchat’s parent company, Snap, is shuttering its lone downtown San Francisco office space.
- The decision to close the 33,000-square-foot office space comes after Snap has struggled with layoffs and a decline in advertising.
- Snap said the. move also reflected a shift toward remote work.
- “Our San Francisco location was lightly used by team members following our move to flexible work,” the company told Bloomberg.
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