Canva Inc. announced job cuts and a sweeping overhaul that will impact more than one-fifth of the workforce, as artificial intelligence forces a structural reckoning at one of Australia’s highest-profile technology companies.
Some 1,271 people, or 22% of Canva’s staff, will lose their jobs, change roles or relocate to central hubs, Chief Executive Officer Melanie Perkins said in a note to employees that was posted on the firm’s website Wednesday.