Snap Layoffs

Industry Consumer · Location Los Angeles · United States · Subscribe (RSS)

7
Layoff rounds
3,290
Employees laid off
Post-IPO
Funding stage
$4.9B
Total raised
SNAP $5.76 ▼ 5.11%
close June 5, 2026

Snap has 7 publicly reported layoff rounds on record between August 31, 2022 and April 15, 2026. A total of about 3,290 employees were affected across these rounds.

Layoff history

April 15, 2026
Snap cut 1,000 employees (16% of staff)
1,000 laid off 16% of workforce Location Los Angeles SNAP +7.86% that day, -0.33% next day

Restructuring around artificial intelligence, Snap laid off about 1,000 employees on April 15, 2026, roughly 16% of its global full-time workforce. The Snapchat parent also said it would leave around 300 open roles unfilled. In a memo, CEO Evan Spiegel pointed to rapid advances in AI that let teams reduce repetitive work, increase velocity, and better support the company's community, partners, and advertisers. A regulatory filing disclosed that the cuts would generate $95 million to $130 million in severance and related charges. The company expects to reduce its annualized cost base by more than $500 million by the second half of 2026, clearing a path toward net-income profitability. The reorganization touched teams across the Los Angeles-based business.

Reason: Restructuring around AI and cost reduction

Source: cnbc.com

April 15, 2026WARN notice
Snap cut 247 employees
247 laid off Location Santa Monica, CA Effective April 16, 2026 Facility 2772 Donald Douglas Loop N Santa Monica CA 90405

Snap disclosed a workforce reduction affecting its Santa Monica, CA operations in April 15, 2026. Approximately 247 roles were eliminated.

Reason: Layoff Permanent

April 15, 2026WARN notice
Snap cut 73 employees
73 laid off Location Palo Alto, CA Effective April 16, 2026 Facility 395 Page Mill Road, 3rd Floor Palo Alto CA 94306

Snap disclosed a workforce reduction affecting its Palo Alto, CA operations in April 15, 2026. Approximately 73 roles were eliminated.

Reason: Layoff Permanent

February 5, 2024
Snap cut 500 employees (10% of staff)
500 laid off 10% of workforce Location Los Angeles SNAP -1.76% that day, +4.18% next day

Snap announced on February 5, 2024 that it would eliminate about 500 positions, 10% of its global full-time workforce of roughly 5,400. The company described the move as a restructuring intended to reduce management layers and promote in-person collaboration, while freeing up capacity to invest in growth priorities. Snap projected pre-tax charges of $55 million to $75 million, mostly in Q1 2024, with cash expenditures of $45 million to $55 million driven largely by severance costs. The cuts marked the social-media company's third significant workforce reduction since August 2022, when it slashed 20% of staff amid a sharp advertising revenue downturn. No specific departments were named as primary targets.

Reason: Restructuring to reduce hierarchy and redirect investment

Source: cnbc.com

November 8, 2023
Snap cut 20 employees
20 laid off Location Los Angeles SNAP +2.46% that day, +0.09% next day

Snap disclosed a workforce reduction affecting its Los Angeles operations in November 8, 2023. Approximately 20 roles were eliminated.

Source: theinformation.com

September 27, 2023
Snap cut 170 employees
170 laid off Location Los Angeles SNAP +1.8% that day, +0.82% next day

Snap disclosed a workforce reduction affecting its Los Angeles operations in September 27, 2023. Approximately 170 roles were eliminated.

Source: newsroom.snap.com

August 31, 2022
Snap cut 1,280 employees (20% of staff)
1,280 laid off 20% of workforce Location Los Angeles SNAP +8.69% that day, +6.99% next day

Snap disclosed a workforce reduction affecting its Los Angeles operations in August 31, 2022. Approximately 1,280 roles were eliminated.

Source: theverge.com

Data for Snap is compiled from public WARN Act filings and reporting linked above. See our methodology.