tech
January 28, 2026
Pinterest cites artificial intelligence in laying off 15% of workforce
Updated on: January 27, 2026 / 2:00 PM EST / CBS News
TL;DR
- Pinterest plans to cut its workforce by less than 15%.
- The layoffs are intended to reallocate resources to AI capabilities.
- The company will reduce office space as part of the restructuring.
- The goal is to create more cash flow for AI-focused roles, products, and sales.
- The restructuring is expected to be completed by September 30, 2026.
- Pinterest anticipates pre-tax charges of $35 million to $45 million.
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