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GgoogleAU first seen 23 h ago, last 23 h ago, peak #3

Canva announces first redundancy round, 22% of staff affected

Original: canva

Canva, the Australian design software company, has announced its first-ever round of redundancies, with around 22% of its workforce impacted. The news, reported by the Australian Financial Review, marks a significant shift for a company long seen as a booming local tech success story, and the scale of the cuts has drawn widespread attention.

Why now: A major Australian tech unicorn cutting over a fifth of its staff for the first time is striking news amid ongoing tech industry layoffs.

Canva

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