Pinterest Cuts Jobs to Focus on AI Growth
Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
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Pinterest Forecasts Lower Q4 Revenue Despite Strong Q3 Growth and Record User Numbers
Pinterest’s Q3 2025 revenue grew 17% to $1.05 billion, hitting 600 million users, but its Q4 forecast fell slightly below Wall Street expectations, sending shares down 18% in after-hours trading.
Pinterest Q2: Mixed Earnings, Stock Drops
In Q2, Pinterest's revenue beat expectations, but its profit missed them. User growth in the US and Canada, Pinterest's most lucrative market, was flat, causing a 12% drop in stock. Although AI tool adoption improved, changes to a "de minimis" exemption impacted ad spending.