Canva to Cut About 22% of Staff as Growth Slows
Canva plans to cut about 22% of its staff as its growth slows down. The company is also combining its product, growth and platform teams into a single product organisation. The cuts come as part of this restructuring after growth slowed.
Context
Context: Canva is an Australian design platform popular with students, small businesses and schools, including in India. Tech firms have made many job cuts since 2023 as they reduce costs and shift their focus toward AI tools.
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