Snap’s crucible moment Sources | Alex HeathSnap’s stock jumps on plans to axe 16% of its workforce citing AI efficiencies CNBCSnapchat owner cuts 1,000 jobs as says AI will reduce repetitive work BBCSnap Inc blames AI as it lays off 1,000 workers The GuardianSnapchat Just Cut 1,000 Employees. The Reason Is All Too Familiar inc.com