Snap

Technology
United States1 layoff round tracked
1,300

Total Jobs Cut

August 2022

Most Recent

1,300

Largest Single Layoff

No

AI Cited

Layoff Timeline

August 2022

1,300 jobs cut(20% of workforce)

Reason: Advertising revenue decline and strategic restructuring

About Technology Layoffs

843,338

Total industry layoffs

39%

AI-cited events

Sources

CNBC

Advertising revenue decline and strategic restructuring

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