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Snap expects to see full benefit of cost reductions in Q1
The Fly

Snap expects to see full benefit of cost reductions in Q1

"We are on track to realize the full $500 million in cost reductions we committed to deliver as part of our strategic reprioritization by Q1 2023. The vast majority of the cost reductions initiatives have now been implemented. However, we continued to wind down certain operations throughout Q4, so we will see the full benefit of the cost reductions in Q1 as expected."

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