Envato

Creative marketplace for digital assets, templates, and themes. Melbourne-based.

Technology600 employees
Website
Offshoring Summary

Envato has been reviewed. Headcount data not yet available.

The Story

  • March 2026Envato moved to cut up to 200 roles, about a third of its roughly 600 staff, following a strategic review in which AI was one of the stated reasons. The CEO said the changes would affect all teams across Australia, New Zealand, Mexico and the US, and included redeployments and promotions as well as redundancies. Envato would not confirm the number, saying it was โ€œnot in a position to share details about role reductions or numbersโ€. The 200 figure was first reported by Mumbrella. Envato had cut about 100 roles in mid-2022. [SmartCompany]
  • March 2026Capital Brief put the reduction at about 30% of headcount, and quoted the chief executive on cutting layers and operational costs to fund product, marketing and AI. The round came less than two years after the Shutterstock acquisition completed. [Capital Brief]
  • 2024Envato was acquired by Shutterstock for US$245 million. The Melbourne company behind ThemeForest and Elements had grown its workforce back to roughly 600 people before the acquisition. [SmartCompany]

All facts sourced from public reporting. No editorial commentary. Click source links to verify.

Layoff Events

DateHeadcountLocationDepartmentNotes
24 Jun 2024200AustraliatechnologyCut 200 jobs (33% of 600 workforce). AI-driven restructure weeks after Shutterstock acquisition for $245M.

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What Public Sources Say

All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.

News
Envato to cut a third of workforce amid AI push - Mumbrella
โ€œEnvato 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.โ€

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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.

Read why

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.

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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.