Technology
A post circulating on Blind shows Canva’s technology department was hit hardest, representing around 40 per cent of the jobs impacted by last week’s job cuts.
Technology
Ben Thompson says his company is ahead of the game in using AI agents, has enough cash in the bank and does not need to fire staff.
Insiders say Canva’s billionaire co-founders agonised over layoffs for weeks. They now have to try and turn the company around.
Insiders say Canva’s billionaire co-founders agonised over layoffs for weeks. They now have to try and turn the company around.
Technology
The Australian software giant built its reputation as a wealth factory where everyone was happy family. A day of redundancies and relocations changed all that.
World News
The latest Canva news, articles and analysis from the Australian Financial Review
Canva is cutting 22% of its staff as it faces its 'hardest year' yet.
Canva will cut jobs, change roles or relocate 1,271 staff. Leavers get six months’ pay, their MacBooks and US$10,000 grants.
The design software giant says growth has slowed for the first time in a decade and it needs smaller, more empowered teams.
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Employees leaving will get at least six months of salary.
Technology
RBA governor Michele Bullock isn’t sugar-coating what’s coming. But artificial intelligence disruption may add a new element of pain to a traditional slowdown.
Canva was the start-up every Australian tech entrepreneur wanted to have founded. Its job cuts raise hard questions about what comes next.
CEO Melanie Perkins says more than 1,000 staff will either lose their jobs or be asked to change roles.
Canva is cutting or relocating more than a fifth of its workforce. What does it signal about the impact of AI?
Technology
In its ‘hardest hour’ the software giant remains a class act. But even unicorns that poop glitter can’t outrun the AI tsunami.
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The graphic design giant is another example of how a generation of entrepreneurs – and the venture capitalists backing them – are suddenly discovering that disruption can run two ways.
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Canva co-founder Mel Perkins is “deeply sorry for the pain and disruption” caused by the layoffs. But is it genuine?
The design giant has announced a major restructure that will impact more than a thousand jobs, with some staff to lose their roles and others asked to relocate.