Canva billionaire takes ‘humane’ approach to dumping a quarter of staff
Canva co-founder Mel Perkins is “deeply sorry for the pain and disruption” caused by the layoffs. But is it genuine?
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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?
Technology
In its ‘hardest hour’ the software giant remains a class act. But even unicorns that poop glitter can’t outrun the AI tsunami.
In its ‘hardest hour’ the software giant remains a class act. But even unicorns that poop glitter can’t outrun the AI tsunami.
The duo offered $9.50 per share and have struck at a time when NextDC is hurting from a sharp decline in its share price following delays at its M3 site in Melbourne
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.
One director says he was so high on illegal drugs he could not recall anything about the business; another director is set to be examined by the crime commission.
Yu Liu and Waleed Mussa announced their departures nearly two months after the Blackbird-backed AI medical scribe platform reached unicorn status.
Readers’ letters on Anthropic, this week’s interest rate rise, NDIS claims, Snowy 2.0 and unlikely bedfellows for Victorians.
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.
States and territories could reap a tax harvest from gig economy companies, after the High Court ruled Uber was liable for payroll tax on the fares it collects.
A hearing into the Tax Practitioners Board, of all things, turned into high drama for the sector. Plus: EY and Ashurst’s new partners and KPMG’s ongoing exodus.
David Jones has faced some of the toughest trading conditions in the past six decades as cost-of-living pressures have crushed consumer confidence.