Snap just slashed 1,000 jobs due to AI. Here are other tech giants who did the same.

Snap Inc. (SNAP) is the latest tech player to jump on the AI efficiency bandwagon.

In a letter to staff filed with the Securities and Exchange Commission, the company announced it is cutting roughly 16% of its workforce — approximately 1,000 positions.

“While these changes are necessary to realize Snap’s long-term potential, we believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,” CEO Evan Spiegel wrote in the filing.

Management claims “small squads” are already using AI to drive progress in areas like Snapchat+ and ad platform performance.

The move, however, appears to align more closely with a financial incentive to cut $500 million from Snap’s annualized cost base by late 2026. The company is chasing a “clearer path to net-income profitability,” Spiegel noted.

Snap’s stock jumped nearly 6% following the news. It’s a momentary relief for a stock that has struggled to find its footing over the last year, with shares down about 25%.

Management says US employees affected will receive four months of severance and healthcare. Outside the US, support will align with local norms, per the filing.

Snap isn’t an outlier. It is part of a growing corporate playbook: cite AI, cut heads, and boost margins.

Here are five others doing the same:

1. Oracle (ORCL): The tech giant cut thousands of jobs recently to fund massive investments in AI infrastructure. While Oracle has not confirmed the exact total, reports suggest substantial reductions as the company shifts capital toward its cloud and AI business.

2. Meta (META): CEO Mark Zuckerberg notified staff in a January memo that the company planned to cut about 5% of its nearly 79,000 workforce. The layoffs are intended to shift resources toward AI development and away from other areas like Reality Labs. This week, The Information reported that the metaverse division was reorganized to “execute faster.”

3. Amazon (AMZN): Amazon has cut thousands of corporate roles from its workforce. Globally, the retail giant employs over 1.5 million people. In recent memos, leadership framed the move as a way to “reduce bureaucracy.” CEO Andy Jassy explicitly stated he expects to reduce headcount as Amazon realizes “efficiency gains from using AI extensively across the company.”

4. Block (XYZ): In early 2026, Block CEO Jack Dorsey announced a 40% reduction of its 10,000 roster to cap the company’s workforce at 6,000 people, according to an X post. He cited “intelligence tools” Block is creating and using, “paired with smaller and flatter teams.”

5. Salesforce (CRM): In early 2026, Salesforce cut roughly 1,000 roles in a pivot to its AI-driven platform, Agentforce. CEO Marc Benioff noted that AI has significantly boosted productivity to the point that the company is leaning heavily on AI coding agents rather than human engineers.