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Snap is laying off 16 percent of its staff as it leans into AI

The Verge 15 April 2026 3h ago
Snap is laying off 16 percent of its staff as it leans into AI
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Snap is laying off roughly 16 percent of its global workforce in a cost-cutting effort to chase improved profitability with the help of AI. The cuts will impact around 1,000 full-time employees, according to a memo sent to staffers from Snap CEO Evan Spiegel. An additional 300 open roles are also being closed. "While these […]
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