Canva Restructuring Affects 1,271 Workers; San Francisco Impact Unclear
Canva is restructuring in a move affecting 1,271 people, or 22% of its workforce. The changes include job cuts, altered roles and possible relocations, CEO Melanie Perkins said. The total is not a count of layoffs alone.
By the Bay Area Brief staff · Edited by Seamus McKenna · · 2 min read
Colorful Victorian houses on a sunny street in Pacific Heights, San Francisco. Photo: Nicolas Lannuzel / Wikimedia Commons, CC BY-SA 2.0 (cropped, resized and color-graded). Archive photo of the area; not a photo of the events in this story.
Canva is restructuring in a move affecting 1,271 people, or 22% of its workforce. The changes include job cuts, altered roles and possible relocations, CEO Melanie Perkins said. The total is not a count of layoffs alone.
KRON4 reported that Canva’s Jackson Square campus in San Francisco employs about 90 people. The company has not specified how many of those jobs, if any, are affected.
The Guardian reported on the broader restructuring at the Australian design-software company. Departing employees will receive at least six months’ salary, a year of health coverage and share vesting. Perkins called the decisions profoundly difficult and apologized for the disruption to employees and families.
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Two San Francisco tech companies, Dropbox and Front, filed state notices for 110 layoffs combined. Dropbox is cutting 57 jobs at its 50 Hawthorne St. headquarters as part of about 200 cuts worldwide, roughly 9% of its staff. Its CTO, Ali Dasdan, leaves Nov. 18.
Bob McGrew's Arda came out of stealth with $232 million in total funding. Its AI turns product designs into assembly-line plans, and Anduril already uses it.
TypeSafe's Jev model answers with structured decisions instead of text. Andreessen Horowitz led a round valuing the company at $7.5 billion, less than a month after Jev's Sept. 15 release.
San Francisco's Phinity Labs says its agents beat experienced hardware engineers on key chip metrics and that it already has an eight-figure annual revenue run rate from frontier AI labs.
Benchmark and Index Ventures led the round in the company founded by a former Cognition chief of staff. Bloomberg reported a $285 million valuation, citing Hone.
