{"id":254411,"date":"2026-01-27T16:33:06","date_gmt":"2026-01-27T16:33:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/254411\/"},"modified":"2026-01-27T16:33:06","modified_gmt":"2026-01-27T16:33:06","slug":"pinterest-to-lay-off-15-of-staff-to-redirect-resources-to-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/254411\/","title":{"rendered":"Pinterest to lay off 15% of staff to redirect resources to AI"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Pinterest said on Tuesday that it plans to lay off less than 15% of its workforce to cut back on office space and reallocate resources for its AI initiatives. In a <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001506293\/000150629326000009\/pins-20260122.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">regulatory filing<\/a>, the company noted it expects to complete the layoffs by late September.<\/p>\n<p class=\"wp-block-paragraph\">The filing stated that Pinterest would be \u201creallocating resources to AI-focused roles and teams that drive AI adoption and execution\u201d and \u201cprioritizing AI\u2011powered products and capabilities.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The company had 4,666 full-time employees at the end of 2024, which means roughly 700 workers will be affected by cuts.<\/p>\n<p class=\"wp-block-paragraph\">The move comes as Pinterest, and every other tech company, has been investing in AI. A few months ago, the company <a href=\"https:\/\/newsroom.pinterest.com\/news\/pinterest-assistant-revolutionizing-the-way-you-shop-online\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">launched \u201cPinterest Assistant,\u201d<\/a> an AI companion users can talk to for shopping advice and recommendations. It also began <a href=\"https:\/\/techcrunch.com\/2025\/10\/27\/pinterest-experiments-with-new-ai-powered-personalized-boards\/\" rel=\"nofollow noopener\" target=\"_blank\">experimenting with AI-powered personalized<\/a> boards. <\/p>\n<p class=\"wp-block-paragraph\">During Pinterest\u2019s last earnings call, <a href=\"https:\/\/techcrunch.com\/2025\/11\/05\/pinterest-ceo-touts-open-source-ai-tremendous-performance-with-reduced-costs\/\" rel=\"nofollow noopener\" target=\"_blank\">Pinterest CEO Bill Ready<\/a> emphasized the promise of open-source AI models to help the company keep costs down. <\/p>\n<p class=\"wp-block-paragraph\">The company said it expects to record pre-tax restructuring charges of about $35 million to $45 million.<\/p>\n","protected":false},"excerpt":{"rendered":"Pinterest said on Tuesday that it plans to lay off less than 15% of its workforce to cut&hellip;\n","protected":false},"author":2,"featured_media":254412,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,4858,111,139,69,38382,145],"class_list":{"0":"post-254411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-layoffs","12":"tag-new-zealand","13":"tag-newzealand","14":"tag-nz","15":"tag-pinterest","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/254411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=254411"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/254411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/254412"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=254411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=254411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=254411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}