
Pinterest to Lay Off Up to 15% of Workforce as It Shifts Resources to AI
Pinterest plans to cut less than 15% of its workforce as it reduces office space and redirects resources toward AI-focused roles and product development.
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Pinterest plans to cut less than 15% of its workforce as it reduces office space and redirects resources toward AI-focused roles and product development.

Investors warn that artificial intelligence could significantly impact labour markets in 2026 as companies shift budgets from hiring to automation.

Amazon is reportedly planning its largest round of corporate job cuts since 2023, with up to 30,000 positions potentially affected across multiple departments. The move comes as the company…

Redwood Materials has reportedly laid off about 5% of its workforce shortly after raising $350 million, impacting a few dozen employees at the Nevada-based battery recycling company.