Canva announces major job cuts after ‘hardest year yet’; CEO sends layoff email
The Hindu
What the coverage says
Canva is reducing its workforce by 22 percent following a growth slowdown and what the Times of India reports as the company's "hardest year yet," during which the chief executive sent a layoff email. According to the Times of India, this reduction affects 1,271 employees as part of a strategic move to create smaller and more agile teams. Alongside these cuts, The Hindu reports that the company is restructuring by combining its product, growth, and platform teams into a single organization.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- The Hindu first reported it
- Times of India reported it
- Latest update
