San Francisco, United States, April 15, 2026 (AFP) - Snapchat parent cuts 1,000 roles, citing AI efficiency

NAMPA / AFP
2026-04-15
The tech firm behind social network Snapchat cut 1,000 jobs on Wednesday, saying AI is boosting efficiency as it strives to be profitable. The shake-up at Snap involves about 16 percent of its full-time employees and elimination of more than 300 unfilled roles, chief executive Evan Spiegel said in a memo shared by the company. "We believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase veloc......
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