Pinterest (PINS) lays off around 150 employees - Bloomberg

Go back to Pinterest (PINS) lays off around 150 employees - Bloomberg

Pinterest cuts about 150 jobs - Bloomberg News

February 1, 2023 7:56 PM EST

(Reuters) - Pinterest Inc is laying off about 150 employees, or less than 5% of its total workforce, Bloomberg News reported on Wednesday, joining a flurry of technology companies that are firing workers to cut costs.

The digital-search company that lets users create online pinboards informed the impacted employees on... More

After-hours movers: Meta surges on better results, lifts other FAANG stocks

February 1, 2023 5:50 PM EST

After-Hours Stock Movers:

Meta Platforms (NASDAQ: META) 19% HIGHER; reported Q4 EPS of $1.76, $0.50 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $32.17 billion versus the consensus estimate of $31.53 billion. Meta also announced today a... More

Snap, EA tumble in premarket; Meta, T-Mobile fall, AMD rises

February 1, 2023 9:27 AM EST

By Geoffrey Smith

Investing.com -- Stocks in focus in premarket trading on Wednesday, 1st February. Please refresh for updates.

Snap (NYSE: SNAP) stock fell 13.1% after the Snapchat owner said it expects revenue to fall in the current quarter, its first ever decline, due to a weak environment for advertising. The companys warning also dragged Pinterest (NYSE: PINS)... More