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121 Pinterest is conducting a massive round of layoffs to prioritize 'AI-powered products and capabilities'

Engadget
Lawrence Bonk @ Engadget · today 11:34 EDT

Pinterest is conducting a massive round of layoffs to prioritize 'AI-powered products and capabilities'

Pinterest is planning on laying off up to 15 percent of its workforce, according to a report by CNBC. The company has been posting stellar earnings reports these past few quarters, so why punish employees? You already know the answer. It's AI.
The company said it's "reallocating resources" to AI projects and prioritizing "AI-powered products and capabilities." It's also cutting down on office space, presumably because AI algorithms don't require cubicles and the occasional low-grade snack.
Pinterest noted i

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