Anyone else feel blindsided by the latest Pinterest cuts?

Seriously, another round of layoffs at Pinterest. This time it's reportedly 500+ people and the reason being thrown around is this big pivot towards AI and a 'product roadmap reshuffling.' Feels like a pretty convenient excuse, though. Remember those stories from last year about engineers getting fired for building a layoff tracker? This just adds fuel to the fire that management isn't exactly transparent or employee-friendly. Is anyone actually buying this 'AI revolution' narrative as the sole reason? Or is it just a way to cut costs and streamline operations, dressed up in fancy tech buzzwords? Wondering what departments are being hit the hardest this time. Feels like a constant state of flux and uncertainty here lately. Anyone have insight into what's *really* going on behind the scenes or what this means for our day-to-day work?