Pinterest will lay off 15% of its workforce as the platform pivots resources to AI

AP News·Jan 27

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Pinterest is reportedly laying off up to 15% of its workforce as part of a restructuring effort to prioritize its artificial intelligence push. The move is said to be part of a broader trend of companies citing ai as a reason for staff reductions. The layoffs have been accompanied by a decline in the company's stock value.

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Pinterest laying off 15% of workforce as part of AI push; stock plummets

CNBC·Jan 27

Companies laying off staff this year include Meta, Amazon, and Groupon — see the list

Business Insider·Jun 29

Pinterest to Lay Off Up to 15% of Workforce in Restructuring

WSJ·Jan 27

Pinterest cuts up to 15% jobs to prioritize AI push, shares sink

Reuters·Jan 27

Ticker: Pinterest will lay off 15% of its workforce; Amazon to close Amazon Go and Amazon Fresh

Boston Herald·Jan 27

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