Snap, Inc. (NYSE:SNAP) shares are trading higher Tuesday ahead of the company’s fourth-quarter earnings release. Here’s a look at what’s going on. The Details: Snap said on Monday it would cut 528 employees, or 10% of its global workforce. The company expects severance and related costs in a range of $55 million to $75 million and for the majority of the costs to be incurred in the first-quarter of 2024. Snap is set to report its fourth-quarter financial results after the market close on Tuesday and will host a conference call to discuss the results at 6:00 p.m. ET the same day. According to e…

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