Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
by Jonathan Barrett Business editor from Technology | The Guardian on (#79GT4)
Chief executive Melanie Perkins describes job cuts as without doubt the hardest moment in our thirteen-year history' in email to staff
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Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part of a major restructure that includes laying off staff who helped build the Australian-founded design platform.
The changes mirror a trend across the technology sector, where software companies are fighting to stay competitive against cheaper artificial intelligence disrupters while aggressively embedding AI tools themselves.
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