Snapchat Cuts Over 1,000 Jobs as AI Takes Over
Snapchat will cut more than 1,000 positions—about 16% of its full-time staff—to reduce costs and lean on artificial intelligence. The CEO says the company plans to save half a billion dollars and already uses AI to produce over half its code. AI customer service agents now handle more than one million internal queries every month. This workforce reduction follows pressure from an investor demanding deeper cost cuts.
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