Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.
The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increases its reliance on artificial intelli...
Last updated: 2026-04-16 01:06:08 ET
The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increases its reliance on artificial intelli...
Spiegel, whose personal fortune is pegged by Forbes at $2.3 billion, said he was “deeply sorry” in a staff memo announcing the cuts, which amount ...
The Snapchat owner is laying off around 16% of staff and withdrawn hundreds of open job roles.
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