CEO Evan Spiegel told employees that company plans to hire 500 people this year, versus 2,000 it hired over past 12 months, after warning investors that its revenue wouldn't grow as fast as expected
'Our expansion efforts in India continue to prove successful, and we are using our learnings to inform how we approach community growth in new geographies,' he said
Snapchat on April Fools' Day had trolled Facebook by introducing a filter that makes it appear as if a Russian bot has liked your post
Social media giant Facebook has been accused of copying Snapchat in the past