Less than a year ago, Picsart raised $130 million from SoftBank, putting the visual creator tools startup into unicorn territory with a valuation exceeding $1 billion. A leaner, hipper version of Adobe, things seem to have taken a downturn for Picsart, which laid off 8% of its staff this week, affecting 90 people. Other SoftBank-backed companies like Cameo, which also became a unicorn last year, just conducted layoffs.