Pinterest Lays Off 15% of Workforce, Shifts Focus to AI
Technology
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Moneycontrol•29-01-2026, 11:06
Pinterest Lays Off 15% of Workforce, Shifts Focus to AI
- •Pinterest announced plans to lay off just under 15% of its global workforce, impacting hundreds of employees.
- •The job cuts are part of a strategic shift to reallocate resources and budgets towards artificial intelligence-related work and AI-driven features.
- •The company is also changing how teams are structured, how it sells ads, and how it works with businesses, leading to job eliminations.
- •Pinterest expects to incur costs between 35 million and 45 million dollars for severance, office closures, and other restructuring expenses.
- •The move reflects a broader trend in the tech industry where companies are cutting jobs while increasing investment in AI, similar to Amazon's recent actions.
Why It Matters: Pinterest is cutting 15% of its staff to prioritize AI, reflecting a major tech industry trend.
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