Pinterest, one of the platforms that promotes photo sharing, has now announced that it will reduce its workforce by 15% this year. This move is in line with the company's focus on focusing on artificial intelligence.
Pinterest said that this move is in an effort to allow resources to be used for the development of AI-powered products and features. In addition to products, Pinterest is also looking back at their sales and marketing strategy.
As of last year, Pinterest had more than 4,500 employees worldwide. The platform is now used by more than 600 million users worldwide, and Pinterest says they are now leading the market in the visual search arena, in addition to helping users with AI-powered purchases.
With this announcement, Pinterest is the latest technology company to also reduce its workforce in focus on AI.
