Home BlockchainPinterest to Slash Nearly 15% of Workforce in AI-Powered Restructuring

Pinterest to Slash Nearly 15% of Workforce in AI-Powered Restructuring

by Vivek Kumar
0 comments
Pinterest to Slash Nearly 15% of Workforce in AI-Powered Restructuring

In brief

  • Tech firm Pinterest is slashing its workforce by nearly 15% as it “prioritizes AI-powered products and capabilities.”
  • The “visual discovery engine” disclosed its restructuring plan in an SEC filing on January 27, 2026, which included office space reductions alongside cuts to its workforce.
  • The company expects to incur restructuring charges between $35 million and $45 million, primarily cash-related expenditures.

Pinterest announced it is slashing its workforce by nearly 15% as the social media…

You may also like

Leave a Comment