Snap to lay off about 1,000 employees after activist investor pressure

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Snap announced it will cut 1,000 employees, about 16% of its global workforce, citing rapid advancements in AI. CEO Evan Spiegel sent a memo to staff explaining the layoffs and the closure of over 300 open roles.
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15/04 13:14 yahoo.com
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Snap to lay off about 1,000 employees after activist investor pressure

15/04 13:18 investing.com

Snap to lay off about 16% of staff

15/04 13:46 businessinsider.com

Snap says it will lay off 16% of its global workforce. Read the memo it sent to staff.

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15/04 14:11 google.com

Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency - Reuters

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15/04 14:26 theverge.com

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

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