{"id":17770,"date":"2026-04-15T15:09:43","date_gmt":"2026-04-15T15:09:43","guid":{"rendered":"http:\/\/TheNextWeb=740a6e6364a7877b5c46369317b6d4c3"},"modified":"2026-04-15T15:09:43","modified_gmt":"2026-04-15T15:09:43","slug":"snap-cuts-1000-jobs-as-spiegel-bets-ai-can-do-the-work-of-a-bigger-workforce","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=17770","title":{"rendered":"Snap cuts 1,000 jobs as Spiegel bets AI can do the work of a bigger workforce"},"content":{"rendered":"<p> <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2026\/04\/snap-layoffs-1000-jobs-spiegel-ai-irenic-profitability.png\" width=\"868\" height=\"488\"><\/p>\n<p>Snap is cutting roughly 1,000 jobs, or 16% of its full-time workforce, as CEO Evan Spiegel cites AI-driven efficiency gains and pursues more than $500 million in annualised cost savings. The layoffs follow a public campaign by activist investor Irenic Capital Management, which had explicitly recommended eliminating about 1,000 roles. SNAP shares jumped roughly 8% [&hellip;]<\/p>\n<p><a href=\"https:\/\/thenextweb.com\/news\/snap-layoffs-1000-jobs-spiegel-ai-irenic-profitability?utm_source=social&#038;utm_medium=feed&#038;utm_campaign=profeed\">This story continues<\/a> at The Next Web <a href=\"https:\/\/thenextweb.com\/news\/snap-layoffs-1000-jobs-spiegel-ai-irenic-profitability\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snap is cutting roughly 1,000 jobs, or 16% of its full-time workforce, as CEO Evan Spiegel cites AI-driven efficiency gains and pursues more than $500 million in annualised cost savings. The layoffs&#8230;<\/p>\n","protected":false},"author":1,"featured_media":17771,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/17770"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17770"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/17770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/17771"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}