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The $500 Million AI Excuse? Inside the Snap Inc. Layoffs 🤯🛰️
👻 Snap just cut ~1,000 jobs. The official reason? AI can now handle repetitive work. But here’s the bigger business question: Is this real technological efficiency… or just the newest Wall Street-approved excuse for downsizing? With activist investors pushing harder on profits and over $500M in projected annual savings, the stock liked ...
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