World

Pinterest: Announces layoffs of 150 employees due to ‘organizational changes’

by

Pinterest will offer workers compensation, various services and coverage during the transition, according to the spokesperson

Digital services company Pinterest Inc is laying off about 150 workers, or about 5% of its total workforce, according to a report by Bloomberg news agency on Wednesday, following a series of job cuts by several big names in the industry. of technology recently, with the aim of reducing operating costs.

The company, which allows internet users to share photos and create pinboards, notified affected employees yesterday, according to the report, which cited a source familiar with the matter.

The layoffs affect virtually all divisions of the San Francisco-based company, though not all equally.

“We are moving forward with organizational changes” to ensure the achievement of goals that are “priorities for our company” and “our long-term strategy,” a company spokesman told Reuters news agency, confirming layoffs but declining to specify their number.

Pinterest will offer workers compensation, various services and coverage during the transition, according to the spokesperson.

RES-EMP

layoffsnewsSkai.grworkers

You May Also Like

Recommended for you