Canva plans job cuts and role changes affecting 22% of staff
The restructuring affects 1,271 employees, though Canva declined to confirm how many would leave, according to Implicator.ai. The Economic Times links the overhaul to the company's first growth slowdown in a decade, while Bloomberg reports that artificial intelligence is driving structural changes at the Australian design platform.
Covered by 3 publishers within 4 hours of the first report.
Reporting3
Bloomberg Canva Announces Layoffs, Job Changes for About 22% of Workforce · Angus Whitley
Implicator.ai Does Canva's Workforce Overhaul Trace Back to AI? · Marcus Schuler
The Economic Times Canva to cut about 22% of staff as growth slowdown triggers restructuring