Reports suggest Canva might be planning further layoffs or a hiring freeze soon. This follows a recent reduction of 32 employees in the technical content department. Despite strong user growth in the past year, the company has significantly lowered its revenue projections for the upcoming year. CEO Melanie Perkins acknowledged that forecasts have not met initial expectations but emphasized a commitment to an AI-driven strategy. The company has not officially confirmed these potential workforce changes.
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https://m.economictimes.com/news/international/business/canva-may-announce-another-round-of-layoffs-in-november-report-claims-hiring-freeze-also-possible/articleshow/135466815.cms