Snap is cutting 1,000 jobs, 16% of its workforce

Business

Snap Is Cutting 1,000 Jobs, 16% Of Its Workforce

By TechCrunch

Snap is laying off roughly 16% of its global workforce, impacting around 1,000 full-time employees, according to a memo sent to staff from Snap CEO Evan Spiegel on Wednesday. The company cites advancements in AI for the cuts. “While these changes are ...Read more

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