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Canva to Cut About 22% of Staff in Restructuring

Canva plans to cut about 22% of its staff as growth slows.

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01:39:58 AM UTC
SquawkNews
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.The Sydney-based company is the latest technology firm to reduce headcount as the sector adapts to r…

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