From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.As Canva restructures, how is AI reshaping creative businesses? | Explained
What's behind this
Canva has impacted 1,271 employees as part of a broader restructuring wave among major technology firms. Meta, Microsoft and Google are reported to be offering voluntary exit packages to staff, reflecting a shift in workforce needs driven by rising AI investments. The reports note that four technology giants are reassessing team structures and providing buyouts as part of changing business priorities linked to AI.
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Canva says 1,271 jobs are affected by its reorganisation amid slowing growth. Adobe, Figma and Getty Images show how generative AI is reshaping products, costs and business models in the creative industry
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Canva says 1,271 jobs are affected by its reorganisation amid slowing growth. Adobe, Figma and Getty Images show how generative AI is reshaping products, costs and business models in the creative industry
