Skip to content
Advertisement

The logo for Snap Inc. appears above a post on the floor of the New York Stock Exchange, Feb. 5, 2020. The parent company of social media platform Snapchat said Wednesday, Aug. 31, 2022, that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining sales. In a letter to staff, CEO Evan Spiegel said sales were not keeping up with earlier projections and that the company had to reduce costs to avoid mounting losses. (AP Photo/Richard Drew, file)

The logo for Snap Inc. appears above a post on the floor of the New York Stock Exchange, Feb. 5, 2020. The parent company of social media platform Snapchat said Wednesday, Aug. 31, 2022, that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining sales. In a letter to staff, CEO Evan Spiegel said sales were not keeping up with earlier projections and that the company had to reduce costs to avoid mounting losses. (AP Photo/Richard Drew, file)

Featured Photo Galleries

01-Army parade.png

Military parade celebrates Army’s 250th

Cheers and chants rang out Saturday from a crowd of thousands as soldiers manned modern and historic tanks and aircraft for the Army’s 250th anniversary celebration in the District.

20250330 Sabatini-Caps-Sabres 001.jpg

Ovi scores goal 890, Caps lose to Sabres 8-5

Alexander Ovechkin scored goal number 890, but the Washington Capitals fell short, losing to the visiting Buffalo Sabres Sunday afternoon 8-5 at Capital One Arena in Washington D.C., March 30, 2025 (Photos for the Washington Times.)