Pinterest layoff: Pinterest will cut 15% of its workforce as it accelerates a shift toward artificial intelligence. The layoffs affect about 700 employees worldwide. Management says resources are being redirected to AI-powered search, shopping, and ad tools. The restructuring includes office downsizing and $35–$45 million in charges. Pinterest aims to complete the transition by late 2026 while protecting margins and long-term growth. Investor focus now centers on execution speed, costs, and revenue.