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technology
kē jì
科技
·HSK 4

Snap (social media company)
Snap
Snap
company / corporation
gōngsī
公司
to announce / to declare
xuānbù
宣布
to lay off workers / to cut jobs
cáiyuán
裁员
one thousand
yīqiān
一千
people / persons
rén
to state / to say
chēng
artificial intelligence / AI
réngōng zhìnéng
人工智能
technology / technique
jìshù
技术
to drive / to propel
tuīdòng
推动
personnel / staff
rényuán
人员
to streamline / to reduce headcount
jīngjiǎn
精简

Snap (social media company)
Snap
Snap
company / corporation
gōngsī
公司
to announce / to declare
xuānbù
宣布
to cut / to reduce (staff)
cáijiǎn
裁减
approximately / about
yuē
one thousand
yīqiān
一千
(measure word for people)
míng
full-time
quánzhí
全职
employees / staff
yuángōng
员工
accounting for approximately
yuē zhàn
约占
global / worldwide
quánqiú
全球
employees / staff
yuángōng
员工
total number
zǒngshù
总数
(possessive/attributive particle)
de
16 percent
bǎifēnzhī shíliù
百分之十六
chief executive officer / CEO
shǒuxí zhíxínguān
首席执行官
Evan Spiegel (CEO of Snap)
Evan Spiegel
Evan Spiegel
to state / to indicate
biǎoshì
表示
artificial intelligence / AI
réngōng zhìnéng
人工智能
technology / technique
jìshù
技术
progress / advancement
jìnbù
进步
to enable / to make
shǐ
使
small / small-scale
xiǎoxíng
小型
team
tuánduì
团队
to be able to / can
nénggòu
能够
to complete / to accomplish
wánchéng
完成
more / greater amount
gèng duō
更多
work / tasks
gōngzuò
工作
this time / this instance
cǐ cì
此次
restructuring / reorganization
chóngzǔ
重组
expected to / projected
yùjì
预计
every year / annually
měinián
每年
to save / to economize
jiéshěng
节省
more than / exceeding
chāoguò
超过
$500 million
wǔ yì měiyuán
五亿美元

April 17, 2026 at 8:00 AM

Snap (social media company)
Snap
Snap
company / corporation
gōngsī
公司
on / at (time marker)
April 15th
sìyuè shíwǔ rì
四月十五日
to announce / to declare
xuānbù
宣布
will / about to
jiāng
to cut / to reduce (staff)
cáijiǎn
裁减
approximately / about
yuē
one thousand
yīqiān
一千
(measure word for people)
míng
full-time
quánzhí
全职
employees / staff
yuángōng
员工
accounting for approximately
yuē zhàn
约占
global / worldwide
quánqiú
全球
employees / staff
yuángōng
员工
total number
zǒngshù
总数
(possessive/attributive particle)
de
16 percent
bǎifēnzhī shíliù
百分之十六
chief executive officer / CEO
shǒuxí zhíxínguān
首席执行官
Evan Spiegel (CEO of Snap)
Evan Spiegel
Evan Spiegel
in / at
zài
addressed to / directed to
zhì
employees / staff
yuángōng
员工
letter / correspondence
xìn
in / within
zhōng
to state / to indicate
biǎoshì
表示
artificial intelligence / AI
réngōng zhìnéng
人工智能
technology / technique
jìshù
技术
(possessive/attributive particle)
de
progress / advancement
jìnbù
进步
to allow / to let
ràng
team
tuánduì
团队
to be able to / can
nénggòu
能够
with / by means of
fewer / with less
gèng shǎo
更少
(possessive/attributive particle)
de
manpower / staff
rénshǒu
人手
to complete / to accomplish
wánchéng
完成
more / greater amount
gèng duō
更多
work / tasks
gōngzuò
工作
and also / furthermore
bìng
to reduce / to decrease
jiǎnshǎo
减少
repetitive / recurring
chóngfùxìng
重复性
labor / work
láodòng
劳动
he / him
also / additionally
hái
to mention / to bring up
tídào
提到
currently / at present
mùqián
目前
company / corporation
gōngsī
公司
more than / exceeding
chāoguò
超过
65 percent
bǎifēnzhī liùshíwǔ
百分之六十五
(possessive/attributive particle)
de
new
xīn
code / programming code
dàimǎ
代码
already
with the help of / by means of
jièzhù
借助
artificial intelligence / AI
réngōng zhìnéng
人工智能
to generate / to produce
shēngchéng
生成
work efficiency / productivity
gōngzuò xiàolǜ
工作效率
substantially / significantly
dàfú
大幅
to improve / to boost
tíshēng
提升
at the same time / meanwhile
yǔ cǐ tóngshí
与此同时
Snap (social media company)
Snap
Snap
to close / to shut down
guānbì
关闭
(completion particle)
le
more than / over
three hundred
sānbǎi
三百
(general measure word)
vacancy / open position
kòngquē
空缺
position / post
zhíwèi
职位
and also / furthermore
bìng
expected to / projected
yùjì
预计
annualized
niánhuà
年化
operations / operating
yùnyíng
运营
expenses / costs
fèiyòng
费用
will / about to
jiāng
to cut / to reduce
xuējiǎn
削减
more than / exceeding
chāoguò
超过
$500 million
wǔ yì měiyuán
五亿美元
this time / this instance
cǐ cì
此次
layoff / job cuts
cáiyuán
裁员
will / about to
jiāng
to bring about / to result in
dàilái
带来
$95 million to $130 million
jiǔqiān wǔbǎi wàn zhì yī yì sānqiān wàn měiyuán
九千五百万至一亿三千万美元
(possessive/attributive particle)
de
one-time / non-recurring
yīcìxìng
一次性
restructuring / reorganization
chóngzǔ
重组
expenses / costs
fèiyòng
费用
mainly / primarily
zhǔyào
主要
concentrated in / focused on
jízhōng
集中
in / at
zài
second quarter / Q2
dì èr jìdù
第二季度
to confirm / to record
quèrèn
确认
affected by / due to
shòu
layoff / job cuts
cáiyuán
裁员
news / information
xiāoxi
消息
announcement / public release
gōngbù
公布
impact / influence
yǐngxiǎng
影响
Snap (social media company)
Snap
Snap
stock price / share price
gǔjià
股价
on that day / the same day
dāngrì
当日
to surge / to jump sharply
dà zhǎng
大涨
investors
tóuzīzhě
投资者
toward / regarding
duì
company / corporation
gōngsī
公司
to cut / to reduce
xuējiǎn
削减
cost / expenses
chéngběn
成本
(possessive/attributive particle)
de
decision / strategic choice
juécè
决策
to give / to offer
jǐyǔ
给予
positive / active
jījí
积极
response / reaction
huíyìng
回应
this time / this instance
cǐ cì
此次
layoff / job cuts
cáiyuán
裁员
is / represents
shì
the technology industry / tech sector
kējì hángyè
科技行业
large-scale / on a large scale
dà guīmó
大规模
to introduce / to bring in
yǐnrù
引入
artificial intelligence / AI
réngōng zhìnéng
人工智能
to carry out / to conduct
jìnxíng
进行
efficiency / productivity
xiàolǜ
效率
restructuring / reorganization
chóngzǔ
重组
this (emphatic attributive)
zhè yī
这一
more widespread / broader
gèng guǎngfàn
更广泛
trend / tendency
qūshì
趋势
(possessive/attributive particle)
de
microcosm / epitome
suōyǐng
缩影
Disney (entertainment company)
Dísìní
迪士尼
and others / etc.
děng
companies / enterprises
qǐyè
企业
recently / in the near term
jìnqī
近期
also / too
to announce / to declare
xuānbù
宣布
(completion particle)
le
similar / analogous
lèisì
类似
(possessive/attributive particle)
de
personnel / staff
rényuán
人员
to cut / to reduce
xuējiǎn
削减
plan / program
jìhuà
计划

New Words

cáijiǎn
裁减
to lay off / to reduce staff
réngōng zhìnéng
人工智能
artificial intelligence (AI)
quánzhí yuángōng
全职员工
full-time employees
shǒuxí zhíxínguān
首席执行官
chief executive officer (CEO)
xuānbù
宣布
to announce / to declare
gǔjià
股价
stock price
xuējiǎn
削减
to cut / to reduce
chóngzǔ
重组
restructuring
tóuzīzhě
投资者
investors
qūshì
趋势
trend / tendency

News in English

Science & Technology

Snap Cuts 1,000 Jobs as CEO Cites AI Efficiency in Major Restructuring

Snap announced it will cut approximately 1,000 full-time employees, about 16 percent of its global workforce. CEO Evan Spiegel said AI advancements allow smaller teams to do more work, and the restructuring is expected to save the company over $500 million annually.

Snap Inc. announced on April 15th that it will lay off approximately one thousand full-time employees, accounting for about 16 percent of the company's total global workforce.

CEO Evan Spiegel stated in a letter to employees that advancements in artificial intelligence technology have enabled the team to accomplish more work with fewer staff members while reducing repetitive labor.

He also mentioned that currently over 65 percent of the company's new code has been generated with the help of artificial intelligence, significantly improving work efficiency.

At the same time, Snap is closing over 300 open job positions and expects to reduce annual operating expenses by over 500 million dollars.

This round of layoffs will result in one-time restructuring costs ranging from 95 million to 130 million dollars, primarily recognized in the second quarter.

Affected by the announcement of the layoff news, Snap's stock price surged on that day, and investors responded positively to the company's decision to reduce costs.

This layoff is a microcosm of the broader trend in the technology industry of large-scale AI adoption and efficiency restructuring. Companies like Disney have also announced similar personnel reduction plans recently.

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tóurù
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Google
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emergency / urgent
jǐnjí
紧急
to fix / to patch
xiūfù
修复
Chrome (browser)
Chrome
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fifth
dì wǔ gè
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zero-day
líng rì
零日
vulnerability / security flaw
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漏洞

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