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Snap is laying off 16 percent of its staff as it leans into AI | Collector
Snap is laying off 16 percent of its staff as it leans into AI
The Verge

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

Snap is laying off roughly 16 percent of its global workforce in a cost-cutting effort to chase improved profitability with the help of AI. The cuts will impact around 1,000 full-time employees, according to a memo sent to staffers from Snap CEO Evan Spiegel. An additional 300 open roles are also being closed. "While these […]

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