Technology
Snapchat Slashes 16% of Workforce as AI Disrupts Social Media
April 15, 2026
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Snapchat's parent company Snap Inc. is cutting 1,000 jobs and withdrawing hundreds of open positions, blaming the impact of AI on its business model.
Snap Inc., the parent company of the popular social media platform Snapchat, has announced a major restructuring that will see around 1,000 employees, or 16% of its global workforce, lose their jobs. The company has also withdrawn hundreds of open job roles as it grapples with the disruptive impact of artificial intelligence (AI) on its business.
In a memo to employees, Snap CEO Evan Spiegel cited the
Source: BBC News
