US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5% by ET Markets | April 15, 2026 9:05 pm | Indian Stocks, Market, News Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to shift toward leaner teams as it ramps up AI adoption to streamline operations.
