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Wajeeh Khan

Pinterest Is Laying Off 15% of Its Staff. Should You Buy, Sell, or Hold PINS Stock Here?

PINS Pinterest

Pinterest (PINS) shares are slipping this morning after the forum social media platform confirmed plans of laying off nearly 15% of its workforce and right-sizing office space to free up resources. 

According to the company’s management, it will reallocate these resources to artificial intelligence (AI)-focused products, making the selloff essentially a buying opportunity for long-term investors.

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