Snapchat owner to lay off staff after receiving tax incentive to create Utah jobs

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Snapchat owner to lay off staff after receiving tax incentive to create Utah jobs
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Snap Inc. accepted a 2017 contract with the Governor’s Office of Economic Opportunity to create 50 jobs over 15 years by opening a Utah office in order to earn up to $2.5 million in state tax rebates.

This July 30, 2019, photo shows an introduction page for Snapchat shown in a mobile phone displayed in Apple's App Store in Chicago. The company Snap, which operates the social media app, got state money to create Utah jobs in 2017 and now reportedly plans to lay off staff.Snap Inc.

with the Governor’s Office of Economic Opportunity to create 50 jobs over 15 years by opening a Utah office in order to earn up to $2.5 million in state tax rebates.

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