In a filing with regulators, SnapChat said the cost of these cuts, including severance pay and related expenses, would be between $95 million and $130 million.
"The headcount reduction is designed to further simplify our operations and redirect resources to our highest priority initiatives, leveraging increased operational efficiencies to accelerate our path to profitability based on net income," the company said in a statement.
Snap had 5,261 full-time employees as of December 31, 2025, according to the company's latest annual report.
General Manager Evan SpiegeIn a letter to employees, he said that an additional 300 open positions would not be filled.
This isn't the first time the Santa Monica, California-based company has cut jobs. In 2024, Snap laid off 10 percent of its workforce, or about 530 employees.
At the end of 2023, the company reduced the number of employees by three percent, while in 2022 it reduced its workforce by as much as 20 percent.
Snapchat, which is particularly popular among younger people and known for its disappearing photos and videos, has an average of 474 million daily active users, according to its annual report.
Snap said in its latest financial report that its net loss in 2025 had narrowed to $460 million, while revenue had increased to $5.9 billion.
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