AI chaos in tech world, Pinterest announces 15% layoff, 800 employees will be laid off:

News India Live, Digital Desk: The increasing influence of Artificial Intelligence (AI) is now becoming a new reality for global tech companies and a big problem for employees. While on one hand AI is opening new avenues of innovation, on the other hand it is proving to be ‘time’ for jobs. In this series, social media giant company pinterest Taking a shocking decision in its workforce 15 percent A huge cut has been announced.

This decision of Pinterest has created a stir in the entire tech industry, because the company is now preparing to bet on Artificial Intelligence instead of human resources.

The biggest layoff in history: 800 employees will be affected

Pinterest has officially announced that it will be laying off nearly half of its total workforce. 700 to 800 employees Is showing the way out. This is considered to be the biggest layoff in the history of Pinterest so far. According to the company, this step is an essential part of its ‘Transformation Initiative’.

Focus on AI: New technology will replace humans

The company has clarified that it is diverting its resources from areas which are no longer its priority.

Strategic Change: Pinterest now wants to devote its entire attention and money to recruiting AI experts and developing new technology.

Competition: To remain strong in the era of digital advertising and social media, the company has decided to adopt ‘AI first’ model.

On which departments will the blame fall?

Chief Legal Officer of Pinterest vanji walcott According to, this process of retrenchment will be completed by the end of September.

A matter of relief: This layoff will not have much impact on product engineering or creative teams.

Affected Roll: main target of reduction Corporate and Support Roles (like administration, HR and other back-office operations).

Office space will also be less, emphasis on hybrid model

Not just layoffs, Pinterest is now also cutting down on its physical office expenses. The company is closing its leased offices or downsizing them. Now the company is completely hybrid work model Will promote AI, so that the expenditure on real estate can be saved and it can be invested in AI research.

Retrenchment continues in tech world

Pinterest isn’t the only company making layoffs for AI. recent giant company Amazon has also announced cuts in 16,000 jobs. Amazon is also investing heavily in strategic areas like AI by reducing its old workforce. It is clear that in the coming times, ‘skill upgrading’ will be the only option left for tech jobs.