neutral
Recently
Pinterest announces layoffs as it doubles down on AI strategy
Pinterest is cutting jobs while increasing its focus on artificial intelligence to improve efficiency and support long-term growth.
Pinterest announced layoffs as it accelerates investment in artificial intelligence, aiming to streamline teams and reallocate resources toward automation and product development. Management said AI tools are improving ad targeting, content discovery, operational efficiency. The company emphasized profitability discipline while continuing selective hiring for critical roles. Investors reacted cautiously, weighing near term costs against longer term gains from AI driven growth and scalability benefits.