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  "path": "/2026/digital/news/snap-layoffs-snapchat-ceo-evan-spiegel-cites-ai-1236722228/",
  "publishedAt": "2026-04-15T11:43:41.000Z",
  "site": "https://variety.com",
  "tags": [
    "News",
    "Evan Spiegel",
    "Snap",
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  "textContent": "Snap, parent company of Snapchat, is making a massive workforce reduction — eliminating 1,000 jobs, representing 16% of its current employees, in a move to accelerate net profitability. In addition, the company is closing 300 open roles. Evan Spiegel, co-founder and CEO of Snap, said in a memo to employees that the management team believes […]",
  "title": "Snap Axing 1,000 Staffers, 16% of Headcount; CEO Evan Spiegel Cites AI as Helping Boost Efficiency for Smaller Teams"
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