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 as of the end of 2024, which would mean...