Pinterest cuts nearly 15% jobs to redirect resources to AI

Core Viewpoint - Pinterest announced a workforce reduction of less than 15% and plans to downsize its office space, focusing on reallocating resources towards artificial intelligence initiatives [1] Company Actions - The company is implementing a workforce reduction of less than 15% [1] - Pinterest is also planning to shrink its office space [1] Strategic Focus - The reallocating of resources is aimed at enhancing the company's artificial intelligence initiatives [1]