Canva is announcing changes and layoffs affecting 22 percent of its staff
Design giant Canva is cutting or relocating more than 1,200 jobs in a major corporate restructure. Co-founder and chief executive officer Melanie Perkins announced the changes, which affect 1,271 employees or 22 percent of the company staff. The reductions follow what leadership described as the hardest year yet and the hardest moment in the history of the firm. Slowing growth prompted the layoffs, role changes, and relocation requests across the organization.
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- ✓ Canva is cutting or relocating more than 1,200 jobs in a major corporate restructure.
- ✓ The restructuring and job changes affect 1,271 employees, which represents 22 percent of the staff.
- ✓ Co-founder and CEO Melanie Perkins announced the changes.
What changed
Co-founder and chief executive officer Melanie Perkins officially announced the restructuring and workforce reductions.
Live updates
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Canva Cuts 22 Percent of Workforce in Major Restructure
Design giant Canva is cutting or relocating more than 1,200 jobs in a major corporate restructure. Co-founder and chief executive officer Melanie Perkins announced the changes, which affect 1,271 employees or 22 percent of the company staff. The reductions follow what leadership described as the hardest year yet and the hardest moment in the history of the firm. Slowing growth prompted the layoffs, role changes, and relocation requests across the organization.
Why it matters
The massive downsizing at Canva marks a sharp reversal for one of the tech industry's prominent design platforms as growth rates cool down. Management attributed the painful operational overhaul to a punishing business environment following previous periods of rapid expansion. The scale of the workforce reduction places Canva among major technology companies forced to execute deep cuts to align with shifting economic realities.
What is confirmed
- Canva is cutting or relocating more than 1,200 jobs in a major corporate restructure.
- The restructuring and job changes affect 1,271 employees, which represents 22 percent of the staff.
- Co-founder and CEO Melanie Perkins announced the changes.
What to watch next
- Further details on which specific departments or international offices face the deepest cuts
- Employee or union responses to the relocation requests and job losses
confidence 100%Sources used for this update (13)
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- The Verge — Canva is announcing changes and layoffs affecting 22 percent of its staff
- BBC — Canva announces major job cuts after 'our hardest year yet'
- The Guardian — Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
- Bloomberg.com — Canva Announces Layoffs, Job Changes for About 22% of Workforce
- SMH.com.au — Canva to cut more than 1000 jobs in ‘hardest moment’ of its history
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- www.theverge.com — Canva is announcing changes and layoffs affecting 22 percent ...
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