Pinterest laying off 15% of workforce as part of AI push; stock falls

kept by eddie jan 28

Pinterest will lay off less than 15% of its workforce and cut office space to reallocate resources toward AI-powered products and capabilities.

Pinterest sacks two engineers for creating software to identify fired workers
Pinterest fired two engineers who built a script to scrape internal tools and share which colleagues were laid off in a 700-person reduction.
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Snap is cutting roughly 1,000 employees—16% of its full-time staff—to shift resources toward artificial intelligence initiatives.
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Block employees describe a deteriorating culture with ongoing rolling layoffs, mandatory generative AI use, and performance anxiety after hundreds were fired.
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