Pinterest to lay off up to 15% of staff and reallocate resources to AI-related positions

Gelonghui, January 27th｜Pinterest announced that the company will lay off up to 15% of its workforce and reduce office space, reallocating resources to positions focused on artificial intelligence. The company expects to complete the restructuring by September 30, 2026, with estimated restructuring costs ranging from $35 million to $45 million.