Pinterest, one of the platforms that encourages photo sharing, has now announced that it will reduce its workforce by 15% this year. This move is in line with the company's focus on artificial intelligence. So, what should you know about it?
Pinterest is reviewing its sales and marketing strategy
For your information, Pinterest said the move is in an effort to free up resources for product development and AI-powered features. In addition to products, Pinterest is also looking back at its sales and marketing strategy.
As of last year, Pinterest had more than 4500 employees worldwide. The platform is now used by more than 600 million users worldwide, and Pinterest says it is now a market leader in visual search, as well as helping users with AI-powered shopping. With this announcement, Pinterest becomes the latest tech company to reduce its workforce in a focus on AI.
Stay tuned to TechNave.com for more updates.
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