Snap slashes 1K jobs in ‘AI efficiency’ bloodbath
NY Post
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Spiegel, whose personal fortune is pegged by Forbes at $2.3 billion, said he was “deeply sorry” in a staff memo announcing the cuts, which amount to 16% of the Snapchat parent’s overall workforce.
- Snapchat parent cuts 1,000 jobs, citing AI efficiency The Straits Times —
- Snap Inc., Snapchat parent company, slashes workforce, turns to artificial intelligence UPI —
- Snapchat owner announces global layoffs amid financial challenges SFGate —
- Snap is cutting 1,000 workers in the latest tech layoff Los Angeles Times —
- Snap is laying off 16 percent of its workforce, blames AI Engadget —