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  • Biotech IPO window is open but big pharma M&A sets the pace: Bankers
  • MLB cautions against writing on Pride Night hats
  • Blanche begins confirmation process by meeting GOP Sen. Grassley
  • Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%
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Pinterest layoffs impact 15% of staff as resources redirected to AI

Sagar5 months ago01 mins

Pinterest said Tuesday it plans to lay off less than 15% of its workforce to cut office space and reallocate resources to its AI initiatives. one in regulatory filingThe company said it expected to complete the layoffs by the end of September. The filing said Pinterest will “reallocate resources to AI-focused roles and teams that…

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Pinterest to lay off 15% of staff to redirect resources to AI

Sagar5 months ago01 mins

Pinterest said Tuesday it plans to lay off less than 15% of its workforce to cut office space and reallocate resources to its AI initiatives. one in regulatory filingThe company said it expected to complete the layoffs by the end of September. The filing said Pinterest will “reallocate resources to AI-focused roles and teams that…

Read More

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  • Biotech IPO window is open but big pharma M&A sets the pace: Bankers
  • MLB cautions against writing on Pride Night hats
  • Blanche begins confirmation process by meeting GOP Sen. Grassley
  • Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%
  • Izzo 'disgusted' by leadership overhaul at MSU

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