NYSE:PINSInteractive Media and Services
Pinterest Restructuring And AI Pivot Tested Against Valuation Opportunity
Pinterest (NYSE:PINS) is cutting its workforce by 15% and reorganising operations after an earnings miss.
The company is shifting more resources into AI driven product development to support monetization and advertising tools.
The restructuring responds to softer advertising demand and competitive pressure from larger digital platforms.
Pinterest runs a visual discovery and shopping platform where users save and organise ideas, and advertisers target intent driven audiences. The company is...