Pinterest has been reshaping itself as a performance marketing platform for the past few years, CEO Bill Ready told investors during the company’s Q4 earnings call Thursday. That transformation is ...

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Inspo-focused social network Pinterest is set to lay off 15% of its workforce before the end of the year, in an effort to refocus its business on enhanced artificial intelligence tools. A Jan. 27 ...

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 ...

The company said it is "reallocating resources to AI-focused roles and teams that drive AI adoption and execution." By Caitlin Huston Business Writer Pinterest is planning to lay off less than 15 ...

FILE - Banners for Pinterest, displayed to mark the fifth anniversary of the company's listing, hang on the front of the New York Stock Exchange in New York, May 15 ...

NEW YORK (AP) — 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.