US EditionPinterest Will Lay Off 15% of Its Workforce as the Platform Pivots Resources to AI
Pinterest will cut fewer than 700 jobs and reduce office space to focus on AI roles and products, incurring $35 million to $45 million in restructuring costs.
- In a regulatory filing, the company said Pinterest will cut less than 15 percent of its workforce, affecting roughly 700 employees, with reductions complete by Sept. 30th, 2026.
- Company documents show Pinterest is reallocating resources to AI-focused roles and prioritizing AI-powered products to support three transformation initiatives, two connected to AI, and reshaping its sales and go-to-market approach.
- Alongside staff cuts, Pinterest will reduce office space and record pre-tax restructuring charges of $35,000,000 to $45,000,000, reflecting its investments in AI including Pinterest Assistant and AI-powered boards.
- Shares reacted with Pinterest stock falling more than 9% as of midday trading and the company said it plans to reinvest in key development areas and strategic opportunities.
- Industrywide, Pinterest has accelerated AI integration recently, with Bill Ready, Pinterest CEO, highlighting open-source AI models and the platform serving 600 million consumers.
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23 Articles
The Fort Morgan Times
Pinterest will lay off 15% of its workforce as the platform pivots resources to AI
NEW YORK (AP) — Pinterest plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence. In a Tuesday securities filing, San Francisco-based Pinterest said it was making these cuts to support “transformation initiatives” — which include reallocating the company’s resources to AI-focused roles and prioritizing AI-powered products. It sai…
The Pinterest social network will reduce its workforce by at least 15% and the space of its offices by the end of September with the aim of focusing on promoting the development of artificial intelligence (AI).
Pinterest layoffs: Company to cut 15% of workforce amid AI push - here are the key teams impacted
Pinterest layoff: Pinterest will cut 15% of its workforce as it accelerates a shift toward artificial intelligence. The layoffs affect about 700 employees worldwide. Management says resources are being redirected to AI-powered search, shopping, and ad tools. The restructuring includes office downsizing and $35–$45 million in charges. Pinterest aims to complete the transition by late 2026 while protecting margins and long-term growth. Investor fo…
Pinterest cuts workforce by around 15 percent to focus on AI
Pinterest is making cuts to fund its AI plans. Pinterest is planning to lay off hundreds of workers and reduce its office space to reallocate resources for its artificial intelligence initiatives. In a regulatory filing posted Tuesday, Pinterest says the reduction is expected to impact "less than 15 percent" of its current workforce, and that the layoffs should be complete by September 30th, 2026. Pinterest said it had 4,666 full-time employees…
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