Snap Vice President of Hardware, Mark Randall, has departed from the Los Angeles-based company, having announced his departure to colleagues in an internal memo obtained by Cheddar. The move comes as part of the Snapchat maker's restructuring efforts aimed at converging its hardware unit with the one developing the ephemeral messaging app and the division in charge of content. As a result, Snap's hardware team is now being repositioned to operate under Jerry Hunter, the company's Senior Vice President of Engineering.
Mr. Randall wrote he saw Snap's restructuring as an apt opportunity to leave the firm and focus on growing his own startup, suggesting his departure was amicable. Besides his involvement with Snap which he started in mid-2016 after being appointed as the VP of Operations, the industry veteran served as an adviser to various startups over the last 30 months, according to his LinkedIn profile. He previously spent close to three years at Google and close to a decade at Amazon, having specialized in supply chain management and general operations. Mr. Randall's departure comes several months after Snap disclosed a $40 million write-down taken due to its unsold Spectacles inventory, the only product his team managed to commercialize during his time at the company. While the firm recently followed up on its camera-equipped glasses with a second generation of the wearable, investors, insiders, and analysts have already widely labeled the Spectacles as a failure.
Mr. Randall's departure isn't related to the release and commercial performance of the new Spectacles which debuted in late April, Cheddar's sources claim. The company's hardware division was hit with layoffs earlier this year, much like the majority of its units, all of which were prompted by large-scale cost-cutting efforts meant to help Snap break even in the near future, according to previous reports. The entirety of Mr. Randall's memo announcing his departure from the Snapchat creator can be read below.