Snap is cutting 1,000 jobs, citing AI. Read the memo to staff.

Business

Snap Is Cutting 1,000 Jobs, Citing Ai. Read The Memo To Staff.

By Business Insider

Snap has become the latest tech company to announce sweeping layoffs. In a memo to employees released in a regulatory filing on Wednesday, CEO Evan Spiegel said Snap would cut 1,000 employees, about 16% of its global workforce, citing "rapid advancem ...Read more