AIMashableabout 2 hours ago
Canva conducts mass layoffs of 1271 workers
4 min read
Canva CEO Melanie Perkins announced a significant restructuring impacting up to 1271 employees, representing 22 percent of staff. The company cites slowed growth and high AI implementation costs as drivers. Laid-off workers receive six months' salary, keep MacBooks, and may access a $10,000 venture grant fund by Dec. 14.
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