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SEC filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

CNBC Annie Palmer

Discussion

  • @eringriffith Erin Griffith on x
    Pinterest announces sizable layoffs due to AI. Cutting less than 15% of staff (Latest annual filing says total headcount was 4666 in Dec '24) Company is “reallocating resources to AI-focused roles.” Ironic since, as a user, I hate seeing AI-generated images in my Pinterest
  • @yoda Drew Olanoff on x
    remember when the promise of Pinterest was to allow you buy all of the things that you saw pinned? i do. hasn't happened yet. doubt it ever will.
  • r/Layoffs r on reddit
    Pinterest laying off 15% of workforce in push toward AI roles and teams
  • r/technology r on reddit
    Pinterest cuts up to 15% jobs to prioritize AI push, shares sink