Canva to slash nearly 1300 jobs in major AI restructure

Canva, an Australian software leader, is undergoing a significant overhaul driven by advancements in artificial intelligence, resulting in the loss of nearly 1300 jobs. This major restructuring highlights the intense competition and rapid changes in the tech industry as companies seek to streamline operations and focus on AI-driven innovations. The move underscores the broader trend of tech firms reevaluating their workforce to align with evolving technological landscapes, potentially reshaping the future of remote and creative work.