Pinterest is cutting costs to create more cash flow for AI-focused roles and AI‑powered products, the company said in a ...
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.
Regular Pinterest users have been complaining for months (at least) that the site has increasingly deprioritized the kind of human creativity that once made the social media platform a success, ...
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Pinterest stock slides as company plans to cut nearly 15% of workforce to focus resources on AI
Pinterest will cut nearly 15% of its workforce in a global restructuring plan that the social media company said will redirect resources toward artificial intelligence. PinterestPINS stock slumped ...
As part of its global restructuring plan, Pinterest plans to cut less than 15% of its workforce and reduce its office space, according to a filing with the U.S. Securities and Exchange Commission. The ...
Pinterest plans to lay off up to 15% of its employees, approximately 700 positions, and reduce office space in order to “reallocate resources” toward AI projects, according to an SEC filing. “I’ll be ...
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