Pinterest Inc. PINS, which recently announced a 4% workforce reduction, is also shedding office space. The San Francisco-based company plans to sublease its leased office space at 505 Brannan St. in the South of Market neighborhood. Pinterest, which has shifted toward a hybrid work schedule, plans to vacate by the end of March, according to a regulatory filing on Friday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.