Canva Cuts 22% of Workforce as Valuation Slides on AI Costs
Canva will cut or redeploy 1,271 staff — 22% of its workforce — after its slowest growth in a decade and a reported A$11bn valuation markdown tied to AI costs.
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Melanie Perkins
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Canva will cut or redeploy 1,271 staff — 22% of its workforce — after its slowest growth in a decade and a reported A$11bn valuation markdown tied to AI costs.