High confidence
Jan 27, 2026
−700 ~700 (~15% of global workforce)
Attribution · verbatim quote
“We are making organizational changes to further deliver on our AI-forward strategy, which includes hiring AI-proficient talent.”
— Bill Ready (ceo)
Summary
Pinterest cut ~15% of staff, with CEO Bill Ready explicitly framing the restructure around an 'AI-forward strategy' and hiring of AI-proficient talent. $35–45M in pre-tax restructuring charges expected.
Evidence notes
- · Quote from Pinterest internal communication reproduced in TechCrunch and CNBC.
- · Cuts concentrated in non-revenue roles.