# Oracle employees received the layoff news in an email from the company.

*business · news · 2026-04-25 · Hindustan Times*

## Key points

- Snap is eliminating 1,000 jobs, 16% of its workforce, citing rapid advances in AI.
- Block has cut its workforce by almost 4,000, reducing employee count from 10,000 to under 6,000.
- Meta plans to lay off 10% of its workforce and close 6,000 open roles in May.
- Snap and Meta both explicitly link layoffs to increased AI investment and operational automation.

**Companies:** Oracle, Meta, Snap, Block
**Countries:** United States

[Read the full story on Hindustan Times](https://www.hindustantimes.com/trending/us/oracle-to-snap-4-billion-dollar-giants-cut-thousands-of-jobs-for-ai-push-in-first-4-months-of-2026-101777108624092.html)

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