Pinterest Announces Global Restructuring and Workforce Reduction

Reuters02-18 05:56

<a href="https://laohu8.com/S/PINS">Pinterest</a> Announces Global Restructuring and Workforce Reduction

Pinterest Inc. announced a board-approved global restructuring plan on January 27, 2026, which includes a workforce reduction affecting less than 15% of employees and office space reductions. The company expects to incur pre-tax restructuring charges of approximately $35 million to $45 million. The changes are aimed at reallocating resources to AI-focused roles and accelerating the transformation of its sales and go-to-market strategy. Following the announcement, Pinterest’s stock price fell 9.61%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinterest Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602171656PRIMZONEFULLFEED9656309) on February 17, 2026, and is solely responsible for the information contained therein.

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