Snap has laid off 2,828 employees across 3 rounds since 2022.
2,828
Total Laid Off
3
Rounds
Technology
Industry
Apr 2026
Most Recent
April 15, 2026
1,000 employees(16% of workforce)
Snap cut about 1,000 roles (~16% of staff) and closed 300+ open positions in a push toward profitability; CEO Evan Spiegel said AI lets the company do more with fewer people, targeting ~$500M in annualized savings.
February 5, 2024
528 employees(10% of workforce)
Snap cut 10% of its global workforce in yet another restructuring as it battled for ad revenue.
August 31, 2022
1,300 employees(20% of workforce)
Snap cut 20% of its workforce and shelved several projects amid a severe advertising downturn.