Pinterest Aktie News

Pinterest Inc (NYSE: PINS) is in focus this morning after the social media platform said it will lay off nearly 15% of its workforce and downsize office space considerably to “reallocate resources”.

Pinterest stock fell after the company revealed plan to cut 15% of its workforce to focus resources on AI.

Pinterest said it would cut up to about 15% of its workforce, or roughly 700 jobs, as part of a restructuring aimed at pivoting resources toward higher-growth areas such as artificial intelligence.

Pinterest is laying off less than 15% of its workforce and cutting back on office space. The company said it's "reallocating resources" to roles and teams focused on artificial intelligence.

Pinterest ​said on Tuesday ‌it would reduce its workforce by less than 15% and shrink office ‌space, as the social ​media company reallocates resources to artificial intelligence initiatives.

Online travel agency Expedia, our top overall contributor in Q4, drove performance in the consumer discretionary sector. Our top performers in the energy and financials sectors were NOV, a provider of oilfield equipment, technology and expertise, and First Citizens, a North Carolina-based bank. Our largest new purchase was Houston-headquartered Prosperity BancShares, the fifth-largest bank in T...

Nvidia and Alphabet are both benefiting from the artificial intelligence (AI) boom. Pinterest stock is cheap and is using AI to help drive growth.

Pinterest is reportedly launching a shoppable TV partnership with streaming platform Roku. Two companies are set to debut “Bring My Pinterest to Life,” an original series where viewers can move seamlessly from watching to shopping through Pinterest and its brand partners, Chain Store Age reported Friday (Jan. 16).