2026-04-16 10:50:07

Snap has cut 1,000 jobs – 16 per cent of its workforce.

The parent company of Snapchat has announced the job cuts, which aims to reduce yearly costs by $500 million, to employees.

Evan Spiegel, co-founder and CEO of Snap, also told employees that they will be using AI tools to “reduce repetitive work and increase velocity” more going forwards, after “small squads” of works trialed the process.

Spiegel said in a memo to staff: “We have already witnessed small squads leveraging AI tools to drive meaningful progress across several important initiatives, including Snapchat+, enhanced ad platform performance, and efficiency improvements in our Snap Lite infrastructure.”

But Spiegel also warned employees that such changes won’t be “seamless”.

He added: “Change of this magnitude and at this speed is never easy and it will not be seamless.”

Last year, Snapchat began charging fees to users who wanted to preserve their archived content, if it exceeds 5 GB.

Snapchat says on its website: “You have up to 5 GB of complimentary Snapchat Memories storage.

“If you save more than 5 GB of Memories, you’ll need to upgrade to one of our Memories storage plans.”

Those who tap “Upgrade Storage” on their Snapchat app will be presented with three options – 100 GB Memories-only plan (paid Annual or Monthly), Snapchat+ (typically includes 250 GB, paid Annual or Monthly), and Snapchat+ Platinum (includes 5 TB, paid Annual or Monthly).

For consumers on a Snapchat+ Family Plan, only the Family Plan admin gets the storage upgrade.

If someone goes over 5 GB but doesn’t upgrade then anything over the 5 GB free storage limit will not be saved.

On the Snapchat website, it explains: “5 GB of your Snaps under the free storage limit will be saved.

“If you’re over the 5 GB limit, you’ll need to trim your Memories or upgrade your storage.

“You can always download your Memories to your device.”

Snapchat announced the changes last October, saying in a blogpost: “It’s never easy to transition from receiving a service for free to paying for it, but we hope the value we provide with Memories is worth the cost.”

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