Layoff announcement
Snap layoffs: About 1,000 jobs
Snap announced about 1,000 layoffs and closed more than 300 open roles. Snap reduced roughly 16% of employees to streamline the company, reallocate resources, capture AI efficiencies and pursue sustained profitability.
- Reported cuts
- About 1,000
- Announced
- Country
- Multiple
- Location
- Global, including United States operations
- Scope
- Global
- Industry
- Social Media and Technology
Original reporting