negativeSYS.SOURCE: TechCrunch• 2026-11-04T11:59:00Z
Canva Announces 22% Staff Reduction Amid Growth Slowdown and Strategic Restructuring
Canva has laid off 1,271 employees, representing 22% of its workforce, due to slowing growth and rising AI costs. The company is restructuring teams, reducing subspecialization, and facing competition from AI startups and chatbots like ChatGPT.
Canva is cutting 22% of its staff as it faces its 'hardest year' yet.
*** END OF TRANSMISSION ***