Snap's stock jumps 9% on plans to axe 16% of its workforce citing AI efficiencies

Snap was up in premarket trading on Wednesday after announcing plans to lay off up to 16% of its global workforce citing AI-driven efficiencies

TechnoHulk

Apr 15, 2026 - 17:29

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Snap's stock jumps 9% on plans to axe 16% of its workforce citing AI efficiencies

Snap was up in premarket trading on Wednesday after announcing plans to lay off up to 16% of its global workforce citing AI-driven efficiencies

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Snap's stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies

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