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Canva cuts 1,271 jobs, about 22% of staff, to build leaner teams

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Design platform Canva has announced it is reducing its workforce by 1,271 employees, roughly 22% of its total headcount. The company says the decision is meant to create smaller, more agile teams in response to a slowdown in growth. Canva has said it will support affected employees with severance packages and additional benefits. The move follows what the company's leadership described as a difficult year for the business.

Read the full story at Times of India

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