Welcome to the Tech Brew Ride Home for Wednesday, April 15th, 2026. I'm Brian McCullough today.

Snap is cutting 16% of its workforce blaming AI for making everyone more efficient.

Allbirds, the shoe company, is pivoting to become checks, notes, an AI compute provider.

OpenAI drops a cybersecurity specific model. Google launches

a desktop search app and Chrome AI skills, and law firms say AI generated clients are actually

creating more work, not less. Here's what you miss today in the world of tech.

More deep layoffs in tech in a memo SNAP CEO Evan Spiegel has told employees that Snap plans

to lay off around 1,000 full-time employees, or 16% of its global workforce to cut costs

and achieve profitability.

Quoting Bloomberg.

He cited improvements in artificial intelligence technology that let SNAP employees move more quickly.

The company is also closing more than 300 open roles.

Spiegel told staffers, many of whom were told to work from home on Wednesday that the job cuts and pullback on hiring will reduce SNAP's annualized cost base by more than $500 million by the second half of this year.

Snap estimated that total revenue rose 12% to $1.53 billion in the first quarter,

according to updated investor materials.

Adjusted earnings before interest taxes, depreciation, and amortization came in at approximately

$233 million during the period.

Snap's shares jumped as much as 8.9% after markets opened in New York.

Last fall, I described Snap as facing a crucible moment requiring a new way of working that is

faster and more efficient while pivoting toward profitable growth.

Spiegel wrote in the memo, which was reviewed by Bloomberg News.

Over the past several months, we have carefully reviewed the work required to best serve our

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