{"id":1003412,"date":"2026-04-16T12:11:24","date_gmt":"2026-04-16T06:41:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1003412"},"modified":"2026-04-16T12:48:11","modified_gmt":"2026-04-16T07:18:11","slug":"snapchat-parent-snap-announces-layoffs-set-to-cut-16-of-global-workforce-incredibly-difficult-decision","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/16\/snapchat-parent-snap-announces-layoffs-set-to-cut-16-of-global-workforce-incredibly-difficult-decision\/","title":{"rendered":"Snapchat parent Snap announces layoffs, set to cut 16% of global workforce: \u2018Incredibly difficult decision\u2019"},"content":{"rendered":"<p>Snap, the parent company of Snapchat, is the latest tech company to cut jobs. In a memo to employees released in a regulatory filing on Wednesday, Evan Spiegel, Snap&#8217;s co-founder and CEO, said that the company would cut 1,000 employees, about 16% of its global workforce, citing the growing ability of artificial intelligence (AI) tools.<\/p>\n<p>&#8220;While these changes are necessary to realize Snap&#8217;s long-term potential, we believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,&#8221; Spiegel wrote, as per a report by Business Insider.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snap, the parent company of Snapchat, is the latest tech company to cut jobs. In a memo to employees released in a regulatory filing on Wednesday, Evan Spiegel, Snap&#8217;s co-founder and CEO, said that the company would cut 1,000 employees, about 16% of its global workforce, citing the growing ability of artificial intelligence (AI) tools. &#8220;While these changes are necessary to realize Snap&#8217;s long-term potential, we believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,&#8221; Spiegel wrote, as per a report by Business Insider.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,4,52],"tags":[],"class_list":["post-1003412","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-telecom-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1003412"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003412\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1003412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1003412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1003412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}