Snap Inc., the company behind the popular social media app Snapchat, announced Wednesday it will eliminate approximately 1,000 positions worldwide, representing roughly 16% of its total workforce in another significant round of layoffs.
According to a regulatory document filed by the company, these workforce reductions will result in severance and related expenses ranging from $95 million to $130 million.
In the filing, Snap explained that “the headcount reduction is designed to further streamline our operations and reallocate resources toward our highest-priority initiatives, leveraging increased operational efficiencies to accelerate our path toward net-income profitability.”
Based on the company’s most recent annual report, Snap employed 5,261 full-time workers as of December 31, 2025.
In a message to employees, Chief Executive Officer Evan Spiegel revealed that an additional 300 vacant positions will remain unfilled.
This marks another chapter in ongoing workforce reductions for the Santa Monica, California-headquartered tech company. Last year, Snap eliminated 10% of its staff, affecting approximately 530 workers.
The company previously reduced its workforce by 3% in late 2023 and implemented a substantial 20% cut in 2022.
The social media platform, particularly favored by younger users for its temporary photo and video sharing features, maintains an average daily user base of 474 million people, according to company data.
In its most recent financial disclosure, Snap reported that its annual net losses decreased to $460 million in 2025, while total revenue climbed to $5.9 billion.
