Canva Restructuring Affects 1,271 Jobs Amid AI Shift
Canva says 1,271 jobs are affected by a restructuring of the company, which comes as its growth has slowed. A report on how generative AI is changing creative businesses looks at Adobe, Figma and Getty Images, showing shifts in products, costs and business models.
Context
Context: Generative AI tools can create images, text and designs from simple prompts, which pushes design software firms to rethink their products and prices. Adobe and Figma are established design software companies now competing with newer AI-first tools.
Burning Potato score: 69%