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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Canva to cut about 22% of staff as growth slowdown triggers restructuring

Canva to cut about 22% of staff as growth slowdown triggers restructuring

What each side is saying

One outlet's own words from each side of the spectrum. Quoted, not summarised.

  • left · 2 outlets

    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

    — The Hindu

  • right · 3 outlets

    Canva just announced a big shake-up for its team by laying off around 22 per cent of its staff. The company is letting go of around 1,271 people working worldwide for the company, as they have been asked to move. The company said that this is all about getting ready for its next stage of growth…

    — India TV

RSS excerpt

Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.

Coverage arrived over 27 hours — first from The Economic Times, latest from India TV.

✓ High Corroboration ⚡ Cross-Spectrum Consensus 5 news outlets reporting

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Confirmed by multiple independent newsrooms across the political spectrum.

Coverage Bias Distribution

Based on 5 reporting publishers
Left / Center-Left 2 (40%)
Center 0 (0%)
Center-Right / Right 3 (60%)

Compare all reporting outlets (5)

The Economic Times Center-Right Bennett, Coleman & Co. Current article

Canva to cut about 22% of staff as growth slowdown triggers restructuring

Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.

Read full article at The Economic Times ↗

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