Pinterest falls after announcing layoffs
ReutersJan 27, 2026 12:55 PM
Image-sharing platform Pinterest's PINS.N shares fall 2.2% to $25.32 premarket
Co to cut ~15% of its workforce and shrink office space
Expects pre-tax restructuring charges between ~$35 million and ~$45 million
In 2025, PINS fell 10.7%
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