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⚠️ Active Layoffs — Updated July 2026
Snap Inc. Layoffs 2026: Severance, WARN Act & What to Do Now
Snap has cut more than half its workforce since 2022 across multiple rounds, including a major 2024 restructuring. If you received a separation notice from Snap, this is what to know before signing.
✓ Based on WARN Act filings, reported severance terms, and 2026 employment attorney guidance — Updated July 2026
Jobs Cut
10,000+
Aug 2022 – Jun 2026
Severance
2 wks/yr
Min 3 weeks
COBRA Coverage
4 months paid
Health insurance help
OWBPA Applies
If 40+
21 days to review
⚠️ WARN Act Status — Snap Inc.
Snap's headquarters are in Santa Monica, California and all major WARN filings have been in California. Most affected employees are California-based and have strong state-level employment protections.
🛡️ If You Are 40 or Older — Federal Law Gives You Time
The Older Workers Benefit Protection Act gives workers 40 and older at least 21 days to review any severance agreement, and 45 days if this was a group layoff. You also have 7 days to revoke after signing. Snap Inc. cannot legally require you to sign immediately.
Calculate Your Financial Runway After a Snap Inc. Layoff
Enter your severance weeks, savings, location, and expenses. Get your month-by-month survival timeline — and see exactly what to do next.
Open Snap Inc. Layoff Calculator →
Snap Inc. 2026 Severance Package: Reported Terms
Snap has been more generous than average given its difficult financial position. Reported severance is 2 weeks per year of service with a floor of 3 weeks, plus 4 months of COBRA coverage — one of the longer health benefit windows in tech.
| Component | Corporate / Salaried | Hourly / Ops |
|---|
| Base severance formula | 2 weeks per year of service | N/A |
| Minimum severance | 3 weeks | N/A |
| Maximum reported | ~16 weeks | N/A |
| COBRA coverage | 4 months premiums paid | N/A |
| RSU treatment | Unvested RSUs forfeited | N/A |
| PTO payout | Accrued PTO paid out | N/A |
RSU and equity situation
Snap RSUs vest quarterly over 4 years. Given that Snap's stock price has been volatile, understand the current per-share value before estimating how much unvested equity you may be forfeiting.
Your Timeline After a Snap Inc. Layoff
1
Day 1: Assert your review periodSnap has at times pressured quick signing. You are legally entitled to time. Put your request in writing.
2
Day 1: File for California unemploymentFile at edd.ca.gov. California pays up to $750/week with no waiting period.
3
Within 4 months: COBRA transition planningSnap pays 4 months. After that, compare ACA marketplace plans — they may be cheaper with income-based subsidies.
4
Before signing: Calculate stock valueSnap's share price fluctuates significantly. Price your unvested shares at current market before deciding whether to negotiate.
5
Before signing: IP assignment reviewSnap's IP agreements are broad. Understand what personal projects or side work may be covered.
Other Company Layoff Guides
Severance terms based on reported employee outcomes, WARN Act public filings, and employment attorney guidance as of July 2026. Individual packages vary significantly. This is for informational purposes only and is not legal or financial advice. If you have a specific legal question, consult a licensed employment attorney in your state.