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Canva layoffs 2026: CEO Melanie Perkins plans to give away 80% of her billion-dollar fortune as company announces 22% job reductions
Canva CEO: Canva CEO Melanie Perkins has drawn attention amid the company's decision to cut 1,271 jobs, affecting 22% of its workforce. Perkins has also pledged to donate more than 80% of her wealth to charity. The billionaire co-founder, who built Canva from a small start-up into a $42 billion company, signed The Giving Pledge with her husband Cliff Obrecht in 2021.
Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.
Google Pixel 11 Pro XL review: Google's most complete Pixel yet, but can it win over iPhone users?
Google Pixel 11 Pro XL is Google's most complete flagship yet, with a premium design, excellent display, reliable battery life and improved cameras. While its Tensor G6 processor trails Apple's latest iPhone in raw performance, its smooth software, seven years of updates and better video recording make it a compelling Android alternative. Priced at ₹1,34,999, it is particularly appealing to iPhone users considering a switch.
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.
Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reduction
Canva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The company aims to consolidate its teams to enhance operational efficiency and clarify ownership. Employees affected by the layoffs will receive a generous severance package, which includes financial support for their future endeavors. Canva will require some staff to relocate to Sydney, where product teams will be centralized.
Apple’s robust India quarter; Giva’s $100 million funding
Apple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
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Apple posts all-time revenue record in India: CEO John Ternus
Apple's quarterly earnings reveal a staggering revenue of $30.71 billion, reflecting a twelve percent growth as of September 26. With record-breaking global iPhone sales highlighted in markets like India and mainland China, Mac revenue soared to unprecedented levels, largely due to robust MacBook sales. Furthermore, on September 30, the launch of Apple Pay in India marked a significant enhancement in its market foothold.
Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costs
Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Apple beats sales and profit expectations but AI costs weigh on holiday sales
Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins. This includes primarily the impact of higher memory costs, as well as some costs related to the ramp of Siri AI," Parekh said.
Apple plans major iPad refresh in 2027, new iPad Air and Pro models expected: Report
Apple is expected to refresh its iPad models, including the iPad Air, iPad Pro, and entry-level iPad. The upgrades aim to incorporate OLED displays and increased processing power. Additionally, a cooling system will help manage heat during intense tasks. The entry-level iPad will also see improvements, though specifics remain unclear. Major iPad updates are not anticipated in the latter half of 2027.
'Ergonomically terrible': Steve Jobs said hands-off, Apple says hands-on with its first touchscreen laptops
Apple CEO John Ternus unveiled the company’s first touchscreen MacBooks, reversing a long-standing stance against the technology. The move comes as Apple expands its product lineup ahead of the holiday shopping season, despite earlier objections from Steve Jobs and Tim Cook.
Apple Pro and Tell: How much will the first touchscreen MacBook Pro cost in the US, UK and Canada?
Apple Pro and Tell: Apple has launched its first touchscreen MacBook Pro at the “Pro and Tell” event, with US prices starting at $2,899. Apple has opened preorders for the new touchscreen MacBook Pro models, with availability scheduled to begin on November 6 Here's what buyers in the US, UK and Canada need to know about pricing, new features and availability.
Apple introduces touchscreen MacBook Pro with OLED display: India prices start at Rs 3,49,900
Apple has launched new MacBook Pro models with touchscreen OLED displays, Dynamic Island and M5 Pro and M5 Max chips, marking a major change for its professional laptops. Starting at Rs 3,49,900 in India, the 14-inch and 16-inch models offer touch gestures, up to 2,000 nits of peak brightness and claimed battery life of up to 24 hours.
87% of India CEOs confident of growth despite cyber, geopolitical risks: KPMG
Nearly 87% of Indian CEOs are confident about their companies' growth prospects in the next three years. They are increasing investments in cybersecurity to mitigate risks associated with growing threats. Attracting and retaining employees remains a major challenge along with skill gaps. Additionally, 66% of CEOs say sustainability is integrated into core strategies for future growth.
Apple set to unveil first touchscreen MacBooks, ending years of resistance to the technology
Apple is preparing to introduce its first touchscreen MacBooks, reflecting a shift in consumer demands for laptop technology. The company's previous resistance to touchscreens has changed as consumer preferences have evolved. Analysts suggest that this change is a necessary response to market trends and expectations. Recent product launches, such as the folding iPhone and upgraded MacBook Pro, aim to enhance consumer experience.
Apple launches M6 MacBook Pro and iMac, pitches faster on-device AI
Apple said the M6 MacBook Pro delivers up to 30% faster graphics and up to 25% faster AI performance than its M5 predecessor, along with up to 24 hours of battery life, the longest ever in a Mac.
Apple launches 14-inch MacBook Pro with M6 at Rs 2,39,900; touchscreen model also expected
Apple has launched the 14-inch MacBook Pro with the M6 chip in India at a starting price of Rs 2,39,900, offering faster graphics, improved on-device AI performance and up to 24 hours of battery life. Pre-orders begin October 28, with sales starting November 6. However, the new model does not have a touchscreen, a feature reportedly planned for redesigned MacBook Pro models expected later this year or in early 2027.
iOS 27.2 is out: Here's what new features iOS 27.2 bring to Siri and other Apple devices
Apple unveiled iOS 27.2, introducing impressive Siri enhancements such as memory features that allow the assistant to remember past dialogues. Users can now selectively copy parts of Siri’s responses and restrict certain apps from interacting with Siri. Additionally, the update boosts the Messages and Photos apps with improved contextual suggestions and AI-powered image recognition, enriching the overall user experience across multiple Apple platforms.
Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
Apple to host 'Pro and tell' event on October 28 in LA
Apple said on Monday it would host a "Pro and tell" event in Los Angeles on October 28, the latest in a series of product launches as the iPhone maker expands its hardware lineup and AI offerings.
Apple announces ‘Pro and Tell’ event for October 28: Touchscreen MacBook Pro, M6 Macs and OLED iPad mini expected
Apple has announced its ‘Pro and Tell’ event for October 28 in Los Angeles, where it is expected to unveil a touchscreen MacBook Pro with an OLED display, new M6-powered Macs and an OLED iPad mini 8. The event will focus on Apple’s Mac and iPad lineup, with the redesigned MacBook Pro models reportedly featuring 14-inch and 16-inch displays. Other expected upgrades include improved processors, new iMac colours and a redesigned iPad mini with better display quality.
Apple's 'extraordinary' iPhone Duo demand puts foldable bet to the test
Apple says demand for its first foldable iPhone, the iPhone Duo, has been extraordinary after delivery estimates stretched to late January within minutes of pre-orders opening. Bloomberg Intelligence analysts see scope for sales to exceed earlier forecasts, while the device could raise Apple's average selling price by attracting premium iPhone users.
CashKaro data shows how Indians shopped this festive season: Smarter savings and growth beyond metros
CashKaro data from six days of festive sales shows GMV up about 18x over a comparable regular period. Small cities, Telegram groups and smart shoppers stacking savings helped drive the surge, as fashion and electronics outpaced mobiles.
Snapdragon X2 Plus puts AI at the heart of Lenovo’s new Yoga Slim 7x
Qualcomm’s mainstream AI silicon meets Lenovo’s flagship thin-and-light design and Microsoft’s Copilot+ PC software, sharpening the case for Arm-based Windows PCs. The result is a slick, smart, and savvy Lenovo Yoga Slim 7x.
Apple's smart home refresh is coming: a screen-equipped hub, new HomePod mini and Apple TV, and a camera that records nothing
Apple is set to ramp up product launches throughout the year. The forthcoming event on October 13 will feature a smart home hub integrated with Siri AI. Additional announcements may include a new HomePod mini and improved Apple TV, plus a potential reveal of a new MacBook Pro and revamped iMacs later this month.
MacBook denied, job rejected: Techie’s unusual reason for turning down offer sparks online debate
A software engineer withdrew his acceptance of a Software Engineer position after learning that the company would provide an HP laptop without offering a MacBook option. In an email to the hiring manager, he said his work device was important to his development workflow and that he preferred to be transparent before joining. The decision sparked debate online over workplace hardware preferences.
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