Canva announces layoffs after ‘hardest year’, over 1,200 employees to face job cuts or relocation
Design platform Canva is undergoing its first major restructuring in 13 years, resulting in the layoff or relocation of over 1,200 employees. CEO Melanie Perkins cited the need to adapt to the changing AI landscape and return to a smaller, more agile organizational structure.
Why it matters
This reflects a broader trend in the tech industry where companies are aggressively restructuring to remain competitive in the face of rapid AI integration.
Design platform Canva is cutting jobs and relocating employees in a major restructuring move. Canva co-founder and CEO Melanie Perkins shared the “profoundly difficult news” in an email to staff on November 4.“We have made the incredibly hard decision to make significant changes to how we’re organised, where some of our teams are based, and the roles and skills we need for the future,” Perkins said.This is the company's first major restructuring in its 13-year history. Canva does not have an office in India.Canva announces major restructuringThe reorganisation and layoffs come at a time when Canva, one of Australia’s most valuable technology startups, is trying to stay relevant in the age of artificial intelligence.
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Canva Restructures Operations and Cuts Staff in Major Corporate Overhaul
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Canva announces major job cuts after 'our hardest year yet'
Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
Canva announces major job cuts after 'our hardest year yet'
Canva announces major job cuts after ‘hardest year yet’; CEO sends layoff email
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