Pinterest sacks two engineers for creating software to identify fired workers
3 months ago
- #layoffs
- #AI
- Pinterest fired two engineers for creating a tool to identify laid-off employees and sharing the information.
- The company announced job cuts affecting 15% of its workforce (about 700 people) as part of an 'AI-forward approach'.
- The engineers' script accessed confidential data, violating company policy and employee privacy.
- Pinterest is investing heavily in AI for personalized content and marketing tools, but shares have dropped over 20% this year.
- CEO Bill Ready warned employees to align with the company's direction or consider leaving.
- Tech sector job cuts continue, with Amazon, Meta, and Autodesk also announcing layoffs to focus on AI.