Canva CEO's letter to staff: Major restructuring affecting 22% of employees
thedreammachine
12 points
3 comments
November 03, 2026
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Discussion Highlights (2 comments)
vannorris
While the announcement says they are letting people go because they got too big to be able to move quickly, I think that in reality they are replacing many of these roles with agents. You can buy a ton of tokens for what each Australian employee must cost.
reasonableklout
22% is a lot and it seems a clear continuation of the AI-related layoffs, but 6 months of salary + 12 months of healthcare coverage + waiving the 1-year cliff + allowing people to keep the corporate laptop is quite generous.