Pinterest cites artificial intelligence in laying off 15% of workforce
Pinterest cites artificial intelligence in laying off 15% of workforce
https://www.cbsnews.com/news/pinterest-layoffs-workforce-artificial-intelligence/
Publish Date: 2026-01-27 13:52:00
Source Domain: www.cbsnews.com
- Pinterest plans to cut its workforce by 15% as part of a restructuring to focus on building its artificial intelligence capabilities.
- The layoffs, effective for less than 15% of Pinterest’s workforce of 4,666 employees, will also involve office space reductions.
- The company aims to redirect savings into AI-focused roles, teams, products, and improved sales operations.
- Pinterest expects the restructuring to be completed by September 30, 2026, with pre-tax charges of $35 million to $45 million.
- This move follows other tech companies, like Nike, that cite AI-driven efficiency as a reason for recent layoffs.
- Pinterest stated that these changes are part of its strategy to hire AI-proficient talent and advance its AI-first approach.
