irenic

Example Sentences

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Snap’s layoffs also come after activist investor Irenic Capital Management took a stake in the company and called for the company to cut costs through layoffs and other efforts.

From Los Angeles Times • Apr. 15, 2026

Irenic noted that an investor who put $1 into Snap when it went public in 2017 would be left with a stake worth only 23 cents today.

From BBC • Apr. 15, 2026

Activist investor Irenic Capital Management built a 2.5% stake in Snapchat and urged the company to lay off employees and divest its Specs business.

From The Wall Street Journal • Mar. 31, 2026

Irenic proposed staff cuts, shelving projects, and leveraging AI; Snap’s board welcomes input, focusing on efficiency.

From Barron's • Mar. 31, 2026

Irenic, ī-ren′ik, adj. tending to create peace: pacific—also Iren′ical.—n.

From Chambers's Twentieth Century Dictionary (part 2 of 4: E-M) by Various