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Pinterest to Lay Off 15% of Workforce Amid AI Push

Hacker News

Pinterest announced plans to lay off less than 15% of its workforce and reduce office space as it strategically reallocates resources towards AI-focused teams and capabilities. This move aims to prioritize AI-powered products and enhance its sales and marketing strategy.

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Pinterest 為推動 AI 發展而裁員 15%

Hacker News
大約 1 個月前

AI 生成摘要

Pinterest 宣布將裁減不到 15% 的員工並縮減辦公空間,以將資源重新分配給專注於人工智慧的團隊和功能。此舉旨在優先發展 AI 驅動的產品,並優化其銷售和行銷策略。

Pinterest laying off 15% of workforce in push toward AI roles and teams

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Pinterest laying off 15% of workforce in push toward AI roles and teams

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In this article

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

In a securities filing, Pinterest said it expects the cuts will be complete by the end of its third quarter in late September. Shares of Pinterest slipped about 3% premarket.

The social media company said it's "reallocating resources" to AI-focused teams and prioritizing "AI-powered products and capabilities." It said it's also reshaping its sales and marketing strategy.

Pinterest has looked to inject AI throughout its platform to show more personalized and relevant content to users. The company last October released a "Pinterest Assistant" shopping tool.

At the same time, Pinterest has rolled out more automated advertising tools for marketers as it faces increasing competition from TikTok, Meta's Facebook and Instagram.

Pinterest had more than 4,500 employees globally as of last April, according to its most recent proxy filing.

The company said it expects to record pre-tax restructuring charges of about $35 million to $45 million.

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