TechThe Information1h ago
Canva Lays Off Workers After AI Rollout Problems
TL;DRCanva cut 22% of staff after AI integration issues derailed growth plans.
Why it matters: Shows AI implementation risks even at well-funded startups; signals potential slowdown in design-tool market consolidation.
Canva is making its first round of job cuts since it was founded in 2013, the Australian Financial Review first reported on Tuesday. The company has told 22% of its staff, or 1,271 people, that they need to change roles, relocate, or lose their jobs. “We’re simplifying layers,…
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