Envato
Creative marketplace for digital assets, templates, and themes. Melbourne-based.
Envato has been reviewed. Headcount data not yet available.
The Story
- February 2026Just weeks after the Shutterstock acquisition completed, Envato cut 200 jobs, 33% of its entire workforce. The company cited 'increasing investment in AI' as the reason. All teams were affected across Australia, New Zealand, Mexico, and the US. [SmartCompany]
- February 2026Envato staff described the cuts as a 'bait and switch'. Many had been told their jobs were secure through the acquisition process, only to be let go weeks later. The AI framing was seen as cover for post-acquisition cost-cutting by Shutterstock. [Crikey]
- 2024Envato was acquired by Shutterstock for US$245 million. The Melbourne-based company behind ThemeForest and Envato Elements had approximately 600 employees globally. [AFR]
All facts sourced from public reporting. No editorial commentary. Click source links to verify.
Layoff Events
| Date | Headcount | Location | Department | Notes |
|---|---|---|---|---|
| 24 Jun 2024 | 200 | Australia | technology | Cut 200 jobs (33% of 600 workforce). AI-driven restructure weeks after Shutterstock acquisition for $245M. |
Other Technology Companies That Offshore
Other companies in technology with reported offshore operations.
| Company | ASX | Reported Offshore | Offshore Destinations |
|---|---|---|---|
| Atlassian | 1,700+ | 🇮🇳 India | |
| REA Group | REA | 1,187+ | 🇨🇳 China🇵🇭 Philippines🇮🇳 India |
| Canva | 1,000+ | 🇵🇭 Philippines | |
| WiseTech Global | WTC | 428+ | 🇮🇳 India |
| Computershare | CPU | 350+ | 🇵🇭 Philippines🇮🇳 India |
Featured In
What Public Sources Say
All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.
“Envato to cut 200 workers (33% of headcount) following strategic review. Melbourne-based digital assets marketplace acquired by Shutterstock for $245M. Reducing costs to invest in AI.”
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This list is not complete, and never will be
If a company isn't listed here, that doesn't mean it doesn't offshore. And every number is the lowest we can prove, so the real figures can often be higher.
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This list is not complete, and never will be
If a company isn't listed here, that doesn't mean it doesn't offshore. And every number is the lowest we can prove, so the real figures can often be higher.
This started as an ASX 200 project and mostly still is. It has widened as stories landed from outside that list, so it now also covers employers that aren't ASX-listed, like Canva, Allianz Australia, SS&C and Crown Resorts, along with government departments and agencies. Companies get added when something surfaces about them, not by working through a list in order.
Australian companies are under no obligation to disclose where their work is done, and there is no register of offshored jobs. Everything here comes from something that surfaced publicly: an annual report, a modern slavery statement, a news article, a union statement, a government contract, or a tip from someone who was there.
So an absence usually means nobody has reported on that company and we haven't got to it yet, not that it keeps its work onshore. Some of the biggest offshorers say nothing at all. And because each figure counts only what a source actually stated, the real numbers can often run higher, sometimes much higher.
Every figure links to the source it came from, so you can judge it yourself rather than take our word for it. If you know something that is missing or wrong, tell us. Corrections are published, not quietly buried.
This profile reflects public information at the time of publication and may not match current operations. Is something wrong or missing about Envato? Submit a correction. We welcome input from companies, employees, and researchers.