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business10h ago
Snap is cutting 1,000 jobs, citing AI. Read the memo to staff.
Mrf.lu and 15 more
- Snap outlines a plan to cut about 1,000 jobs, or 16% of its workforce, as it pivots toward AI-driven efficiency and broad cost savings.
- The cuts accompany a strategy to close more than 300 open roles and reallocate resources toward AI-driven efficiency.
- CEO Evan Spiegel calls the reductions essential to unlock long‑term potential amid rapid AI progress and reduce repetitive work for teams, partners, and users.
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