INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Pinterest, Inc. – PINS

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Pinterest, Inc. and its officers or directors [1] Group 1: Company Actions - On January 27, 2026, Pinterest announced a global restructuring plan that includes a workforce reduction affecting less than 15% of its employees and office space reductions [3] - The company anticipates incurring pre-tax restructuring charges of approximately $35 million to $45 million, primarily in cash-related expenditures [3] - The restructuring aims to support transformation initiatives focused on reallocating resources to AI roles, prioritizing AI-powered products, and accelerating sales transformation [3] Group 2: Market Reaction - Following the announcement of the restructuring plan, Pinterest's stock price fell by $2.49 per share, or 9.61%, closing at $23.41 per share on January 27, 2026 [3]