About 1,000 jobs cut, 16% of full-time staff; 300+ open roles closed
Source-backed update · Announced reduction · Snap
EventAnnounced April 15, 2026 in an SEC filing and CEO letter to staff
Added to WorkHushApril 15, 2026
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Sources
Snap Inc. Form 8-K (Item 2.05) · Apr 15, 2026Supports: Discloses a plan to cut about 16% of global full-time employees, with $95 million to $130 million in pre-tax charges, mostly in the second quarter of 2026.Open the sourceSnap Inc. CEO letter (8-K Exhibit 99.1) · Apr 15, 2026Supports: CEO Evan Spiegel's letter says about 1,000 team members are affected and more than 300 open roles will be closed, with four months' severance for departing US employees.Open the sourceABC7 News (AP) · Apr 16, 2026Supports: Reported the cut of about 1,000 jobs, about 16% of the global workforce, and 300 open roles that will not be filled.Open the source
Not in the sources
The sources do not say which teams or offices are affected, and separations outside the US may run into the third quarter of 2026 or later because of local consultation rules.
More job cuts in April 2026 ›