04/21/2026
Snap just fired 1,000 people.
And unlike every other "restructuring" announcement, they said the quiet part out loud: AI can do your jobs now, so we need fewer of you. đź‘»
The CEO said it directly in the internal memo. "Rapid advancements in artificial intelligence."
Snap's stock went UP.
For Canadians: Snap's cuts include North American staff — which means Canadian employees are in this number. Employment lawyers here were already publishing guidance for affected workers within two days.
This is not a Silicon Valley problem anymore. It's showing up in Toronto, Vancouver, and your LinkedIn feed.
Does being honest about AI as the reason for layoffs make this better... or just more brutal?
