"Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend," Pinterest's CEO said.
"Looking ahead to Q1, we expect these headwinds will continue and may become slightly more pronounced," CFO Julia Donnelly told analysts on Thursday.
The image-sharing platform blamed its lower-than-expected financial results on tariffs. It makes more sense when you read between the lines.
Pinterest (NYSE:PINS) should be ideally suited to benefit from rising digital advertising budgets. With 619 million monthly ...
Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
By Kritika Lamba Feb 12 (Reuters) - Pinterest forecast first-quarter revenue below Wall Street estimates on Thursday, as it ...
By Kritika Lamba and Jaspreet Singh Feb 13 (Reuters) - Pinterest shares tumbled 21% to their lowest since the 2020 pandemic lows after the image-sharing platform's weak forecast showed that major ...
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
Pinterest plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence.
Pinterest shares tumbled Friday after the social media company said retail clients are pulling back on ad spending as they grapple with higher costs from tariffs.
Pinterest announced plans to cut hundreds of jobs last week. Now it's firing engineers who tried to fight back.
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