Pinterest CEO Fires Employees Who Created Tool To Track Layoffs, Citing 'Obstructionist' Behavior: Report - Pinterest (NYSE:PINS)
PinterestPinterest(US:PINS) Benzinga·2026-02-04 10:40

Group 1 - CEO Bill Ready has fired employees who developed an internal tool to track layoffs within Pinterest [1][2] - During a company-wide meeting, Ready criticized the behavior of the employees as "obstructionist" and emphasized the importance of constructive debate [2][3] - The company will not disclose detailed layoff information due to privacy concerns, with more details to be communicated at the team level [4] Group 2 - Pinterest has appointed former Meta executive Damian Kim as vice president of APAC enterprise sales to enhance regional growth [5] - The company is positioned in the 95th percentile for growth and the 66th percentile for value according to Benzinga's Edge Rankings, indicating strong performance [5] - Over the past year, Pinterest's stock has declined by 37.21%, closing at $20.77 after a 5.59% drop on Tuesday [6]

Pinterest CEO Fires Employees Who Created Tool To Track Layoffs, Citing 'Obstructionist' Behavior: Report - Pinterest (NYSE:PINS) - Reportify