"Pinterest lays off 150 people as a part of its ‘long-term strategy’", 2 February 2023

Pinterest has made a second job-cutting move within weeks of the first round of layoffs in December. The company has let go of almost 150 employees (representing less than 5% of its workforce), according to a report from Bloomberg.

In a statement to TechCrunch, Pinterest confirmed the job axing but didn’t share how many people were laid off and which departments were impacted. The company also didn’t provide any information about what kind of severance terms it is offering to departed employees.

Pinterest’s layoff comes just before its Q4 2022 earnings, which is going to be announced on February 6.