Snap Inc., Snapchat parent company, slashes workforce, turns to artificial intelligence

Snap Inc., the parent company of Snapchat, announced Wednesday that it's cutting up to 16% of its workforce and plans to use ...

Layoffs Hit Snapchat Owner Snap as 1,000 Jobs Slashed

Spiegel told staff in a memo Wednesday that staff will use artificial intelligence to work faster: "We have already witnessed ...

Snapchat owner cuts 1,000 jobs as says AI will reduce repetitive work

The Snapchat owner has axed about 1,000 employees - 16% of staff - and withdrawn hundreds of open job roles, according to a ...
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Snapchat introduces automated ad tools

SAN FRANCISCO — Red-hot messaging app Snapchat has new automated tools for brands to buy video ads to reach millennials. The company’s Snapchat Partners is a team of eight digital advertising ...