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Snapchat preparing largest layoff yet, cutting 100 engineering jobs

Michael Nagle/Bloomberg via Getty Images

Snapchat is cutting about 10% of its engineering team, or roughly 100 people, Cheddar's Alex Heath reports.

Why it matters: The company has experienced much smaller rounds of layoffs within the last few months. These layoffs, which follow closely behind a major redesign of the company's app, would be the largest to date for the roughly 3,000-person company.