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Pinterest cuts about 150 jobs - Bloomberg News

Pinterest app is seen on a smartphone in this illustration

(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 Wednesday, the report said, citing a person familiar with the company.

The job cuts came from teams across the San Francisco-based company, though not all were affected to the same degree.

"We're making organizational changes to further set us up to deliver against our company priorities and our long-term strategy," a company spokesperson told Reuters, confirming job cuts. The official, however, declined to confirm the number of job cuts.

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Pinterest will support all impacted employees with separation packages, benefits and other services during the transition, the spokesperson added.

(This story has been corrected to say 'less than 5% of its total workforce' in the first paragraph)

(Reporting by Juby Babu in Bengaluru; Editing by Subhranshu Sahu)