Pinterest is slashing jobs and office space as it switches focus to AI roles

Core Viewpoint - Pinterest's stock has declined following the announcement of a plan to reduce its workforce by approximately 15% as the company shifts its focus towards AI-related roles and products [1] Group 1: Workforce Changes - The company plans to cut about 15% of its workforce [1] - This reduction is part of a strategy to reallocate resources towards AI-focused roles and products [1] Group 2: Market Reaction - Following the announcement, Pinterest's stock experienced a drop [1]