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Snap is the latest tech company to cut jobs, citing the growing ability of artificial intelligence (AI) tools.
The Snapchat owner has axed about 1,000 employees – 16% of staff – and withdrawn hundreds of open job roles, according to a financial disclosure, BBC reports.
Evan Spiegel, Snap’s co-founder and CEO, told employees the company was in “a crucible moment” and the goal of the cuts was… Details
