Every story in this issue with a short summary, so you can decide what to read before leaving the site. Summaries are written by AI (Claude) only from each publisher's own description and checked by Jev for anything not in that description. They are not full translations. Follow "Read the original" for the full story.
Canva is restructuring 22 percent of its workforce, cutting more than 1,000 jobs. The description cites A.I. costs and new rivals as sources of pressure on the design company.
Read the original →Google continues to expand its voluntary exit packages to staff, Reuters reports. The buyout offers began in June this year to some employees in Canada, France, Germany, Japan and Switzerland as the company looks to rein in rising costs amid heavy spending on artificial intelligence.
Read the original →Australian design software company Canva announced on the 4th its first job cuts since its founding. About 1,270 employees, or 22% of staff, will be affected by dismissals or changes to their duties. Growth slowed amid the spread of artificial intelligence. In a letter to employees, CEO Melanie Perkins said this was the toughest year so far and that growth had slowed for the first time in a decade.
Read the original →Layoffs in the Web3 industry have continued for more than six months. Coinbase officially announced a cut of about 14% of staff, but a former employee says about 90% of its India site left. Interviewees say layoffs are being disguised as AI-driven or performance-related to avoid compensation, and that the industry's real problems are rising listing fees and drained liquidity.
Read the original →Nearly half of British STEM employers are struggling to replace specialists as AI-driven role changes prompt some workers to leave, a survey found.
Read the original →The article is part of a series on the FY2026 Labor Economy Analysis. The previous part analyzed squeezed profits and rising bankruptcies at small and medium-sized firms despite strong overall corporate results. Part 3 covers a labor market with a 2.5% unemployment rate and structural labor shortages.
Read the original →Companies are cutting existing software budgets and staff to fund investment in artificial intelligence. A forecast says it will take considerable time for AI to replace enterprise software. Some also warn that building programs directly with AI could raise costs rather than cut them, contrary to expectations of large savings.
Read the original →BuySell Technologies, operator of the reuse service Buysell, has introduced AI for about 500,000 contract checks per year in its home-visit purchasing business. The description says that by the fiscal year ending December 2027, about 50 staff will be affected.
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