Pinterest Inc. has announced a global restructuring plan that includes reducing its workforce by less than 15% and downsizing office space. The company expects to incur pre-tax restructuring charges of approximately $35 million to $45 million, primarily as cash expenditures, which will be excluded from its non-GAAP financial measures such as Adjusted EBITDA. The reorganization aims to support Pinterest’s transformation initiatives, with a focus on reallocating resources to AI-driven roles, prioritizing AI-powered products, and accelerating changes in sales and go-to-market strategies. The restructuring is expected to be completed by the end of the third quarter of 2026, pending local legal and consultation requirements.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001506293-26-000009), on January 27, 2026, and is solely responsible for the information contained therein.
Comments