# Snap cuts 1000 jobs to fund Specs AR glasses fall launch

Source: https://idevice.com/snap-layoffs-specs-ar-glasses-fall-launch
Published: 2026-04-15

## What happened

Snap confirmed 1,000 layoffs saving $500 million while shielding its Specs AR glasses unit, which failed to raise $1 billion ahead of a planned fall 2026 launch.

## Sources

- [Snap Confirms Mass Layoffs Ahead of Next-gen ‘Specs’ AR Glasses Rollout](https://roadtovr.com/snap-mass-layoffs-specs-ar-glasses/) (Road to VR, 2026-04-15)