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Canva Plans to Cut 1,271 Jobs Amid Slowing Growth

Canva plans to eliminate 1,271 jobs as growth slows and AI costs rise.

CANVA

WASHINGTON (dpa-AFX) - Canva plans to eliminate 1,271 jobs, representing 22 percent of its workforce, as the design software company responds to slowing growth and rising artificial intelligence costs.Co-founder and CEO Melanie Perkins told employees that growth had slowed for the first time in a d…

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