Snap flags ad revenue hit from Middle East conflict, slower North America growthSnap experienced a decline in advertising revenues during the first quarter, largely impacted by ongoing tensions in the Middle East and a ...
07 May, 2026, 08.50 AM IST
Snap layoffs grow as AI push leads to 1,000 job cuts and major cost savingsSnap layoffs show how AI is changing jobs in big tech companies. The company is cutting workers to save money and improve speed using new t...
24 Apr, 2026, 01.43 AM IST
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, othersTech giants are slashing thousands of jobs in 2026, with Meta, Snap, Oracle, and Atlassian leading the charge. AI and automation are cited ...
22 Apr, 2026, 01.31 PM IST
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
16 Apr, 2026, 07.27 PM IST
Snap layoffs: CEO Evan Spiegel cites productivity gains from AI adoption in note to employeesSnap Inc. is laying off 1,000 employees, approximately 16% of its workforce, and eliminating over 300 vacant roles. CEO Evan Spiegel cited ...
16 Apr, 2026, 03.04 PM IST
Snap layoff was the 'best thing that has ever happened to me', said ex-employee who lost job 3 years ago. What is he doing now?Snapchat's parent company, Snap Inc., is laying off approximately 1,000 employees, about 16% of its workforce, to boost efficiency and inte...
16 Apr, 2026, 01.44 PM IST
He was laid off from Snap two years ago. Though sad, he looked forward to new possibilities and more family time. What is he doing now?The company that operates Snapchat has unveiled another large-scale downsizing move. In an official update, Snap Inc. stated on Wednesday t...
16 Apr, 2026, 12.40 PM IST
US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
15 Apr, 2026, 08.17 PM IST
Snap stock price: Here's why Snap Inc. shares are up todaySnap stock price moved higher after the company announced layoffs affecting about 16% of staff and more than 300 open roles. Snap Inc said ...
15 Apr, 2026, 07.01 PM IST
Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
15 Apr, 2026, 06.51 PM IST
Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
15 Apr, 2026, 11.41 AM IST
Snap lays off 170 employees, shuts augmented reality division for enterprisesSocial media company Snap Inc said on Wednesday it was closing its division focused on making augmented reality services for businesses.
28 Sep, 2023, 08.12 AM IST
Big tech layoffs may further disrupt equity and diversity effortsSurging firings by technology companies last year are disproportionately affecting women and mid-career talent which may make it more diffi...
06 Jan, 2023, 10.41 AM IST
Amazon plans to sack 10,000 employees in corporate, technical roles: ReportAccording to the New York Times, in the latest layoff season, Amazon plans to lay off 10,000 employees in corporate and technical roles as ...
15 Nov, 2022, 12.15 AM IST
Snap top ad executives exit amid report on staff cut plansSnap shares fell 4% in extended trading as Wall Street turns wary of the future of its advertising business, which brings in a large chunk ...
31 Aug, 2022, 04.51 PM IST
Snap plans to cut staff by 20%: reportSnap's hardware division, responsible for Spectacles and the Pixy camera drone, its team working to help developers build mini apps and gam...
31 Aug, 2022, 11.38 AM IST
Snapchat plans to lay off employeesThe scope of the job cuts is currently unclear as managers are still planning it for their teams, the Verge said, adding that the Snapchat ...
09 Aug, 2022, 11.36 AM IST