Pinterest layoffs impact 15% of staff as resources redirected to AI

January 27, 2026 Aisha Malik

Pinterest says it's "reallocating resources to AI-focused roles and teams that drive AI adoption and execution" and "prioritizing AI‑powered products and capabilities."

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Phoebe Gates and Sophia Kianni’s Phia raises $35M to ‘make shopping fun again’
Phoebe Gates and Sophia Kianni’s Phia raises $35M to ‘make shopping fun again’

“We are just at such a prime time of opportunity,” Gates said to explain the new fundraise. “Commerce itsel...

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Luminar receives a larger $33 million bid for its lidar business
Luminar receives a larger $33 million bid for its lidar business

A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, wh...