Snap

Technology
United States4 layoff rounds tracked
4,440

Total Jobs Cut

February 2025

Most Recent

1,300

Largest Single Layoff

No

AI Cited

Layoff Timeline

February 2025

1,300 jobs cut(10% of workforce)

Reason: Cost reduction and strategic pivot

February 2024

540 jobs cut(10% of workforce)

Reason: Reduce hierarchy and promote in-person collaboration

February 2023

1,300 jobs cut(10% of workforce)

Reason: Cost reduction and strategic pivot

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

TechCrunch

Cost reduction and strategic pivot

Engadget

Reduce hierarchy and promote in-person collaboration

Layoffs.fyi

Cost reduction and strategic pivot

CNBC

Advertising revenue decline and strategic restructuring

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