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Snap is planning to lay off employees

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Snap is in the early stages of planning layoffs, according to two people familiar with the plans.

The planned cuts come after the company recently delivered disappointing earnings results and didn’t forecast earnings for the third quarter — news that sent its stock price cratering to near-all-time lows. It’s currently unclear how many of Snap’s more than 6,000 employees will be laid off, as managers across the company are still planning the full scope of the cuts for their teams.

Russ Caditz-Peck, a Snap spokesman, declined to comment.

Snap’s business has been hurt recently on two major fronts: The first is Apple’s introduction of the “Ask App Not to Track” prompt, which an estimated majority of iPhone owners have opted “Yes” to, making it harder for companies like Snap to as effectively target their ads. The second factor is the broader economic downturn that has especially punished the stock prices of Snap and other cash-burning companies. Snap has been profitable in only one quarter since it went public in 2017.

The last time Snap did layoffs was in 2018, when it was still reeling from the fallout of a poorly executed Snapchat redesign. Since then, its user base has grown to 347 million daily users, surpassing Twitter.

But the company has struggled to build a significant ads business. And its attempts at selling hardware, like a $230 selfie drone, haven’t gone anywhere. In late May, CEO Evan Spiegel told employees that the company would sharply pullback on hiring and “find additional cost savings.”

Snap’s isn’t alone in needing to make cuts: Twitter, TikTok, and a host of other tech firms have either announced layoffs or paused hiring in recent months. Even Snap’s much larger and profitable competitor in social media, Meta, has slowed hiring and warned employees about tough times ahead.

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The Nintendo Switch is on sale with Mario Kart 8 Deluxe for just $299.99

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The holidays (excluding Black Friday) are truly a time to show a little extra compassion and empathy toward our fellow humans, but if you feel the need to use that blue shell, don’t hesitate. Right now, multiple retailers still have an excellent Nintendo Switch bundle that includes a digital copy of Mario Kart 8 Deluxe, a three-month individual membership to Nintendo Switch Online, and a standard Nintendo Switch. Normally, the combined price of everything included in this bundle would cost roughly $368, but it’s currently available at Walmart, Target, and Best Buy for just $299.99.

The benefits of a Nintendo Switch Online subscription are a little less obvious. In addition to letting you compete online against other players in games like Mario Kart 8 Deluxe and Splatoon 3, an individual membership allows you to store your saved games in the cloud and provides access to exclusive discounts in the Nintendo eShop. However, the coolest benefit is that it grants you unlimited access to a growing library of classic NES and SNES titles, including Super Metroid, Legend of Zelda: A Link to the Past, and Starfox, just to name a few.

If you do decide to pick up Nintendo’s discounted bundle this weekend, there are a handful of accessories we’d recommend for your new handheld, some of which are even currently on sale in the run-up to Cyber Monday.

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A Twitter executive got a court injunction to prevent Elon Musk from firing her

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Sinead McSweeney, Twitter’s Ireland-based global vice president of public policy, secured a temporary injunction from the High Court of Dublin to prevent her from getting fired, according to a report from The Irish Times. McSweeney claims she was locked out of her work accounts and Twitter’s Dublin office after not responding to the email Elon Musk sent to employees, which asked workers to reply “yes” to commit to Twitter’s “extremely hardcore” culture, or otherwise leave.

Musk sent out the email shortly after his Twitter takeover on November 16th, and gave employees a little over a day to confirm whether they wanted to stay at the company. If an employee didn’t click “yes” on the form included in the email, Twitter said it would “treat that as a resignation,” and then provide two months’ worth of payroll with benefits, along with one month of severance pay.

But McSweeney says she didn’t hit “yes.” According to The Times, McSweeney never replied to the email because it didn’t outline Musk’s expectations for employees who decided to stay, and the severance package didn’t meet her “contractual entitlements.” McSweeney later received an email confirming her “voluntary resignation” on November 18th.

While Twitter’s lawyers reportedly acknowledged that McSweeney wants to stay at the company and said they would restore access to her accounts, The Times reports that McSweeney’s still locked out and unable to work. Justice Brian O’Moore granted McSweeney the injunction on Friday, which prevents Twitter from firing her but doesn’t reinstate her employment. The court will revisit her case next week.

McSweeney isn’t the only Twitter executive to face uncertainty about their employment. After Robin Wheeler, Twitter’s former head of ad sales resigned earlier this month, Musk convinced her to stay, but then ended up firing her anyway. McSweeney similarly says she’s been getting “mixed messages” from Musk and that he’s been firing and rehiring employees “with no apparent logic.”

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The best Black Friday deals on smartwatches and fitness trackers

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Picking a smartwatch or fitness tracker can be daunting. There are dozens of factors to consider, such as style, durability, connectivity options, battery life, and the types of metrics tracked. Plus, there are enough models to make your head spin. With all the Black Friday and Cyber Monday deals, it can be hard to know what’s worth it and what isn’t.

No worries. We’ve picked out the best deals so you don’t have to. They’re separated into three categories: smartwatches, multisport watches (for your hardcore athletes), and fitness trackers.

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