In Brief Pinterest said on Tuesday that it plans to lay off less than 15% of its workforce to cut back on office space and reallocate resources for its AI initiatives. In a regulatory filing, the company noted it expects to complete the layoffs by late September.The filing stated that Pinterest would be “reallocating resources to AI-focused roles and teams that drive AI adoption and execution” and “prioritizing AI‑powered products and capabilities.” The company had 4,666 full-time employees at the end of 2 ...