Canva CEO says a major reorganization will affect 22% of its workforce. Read the memo.
Source: Business Insider ·
Canva CEO Melanie Perkins wrote a memo explaining how a major reorganization will affect 22% of the company's workforce.
From the source
Canva is laying off or changing responsibilities for nearly 1,300 employees.Alisha Jucevic/Bloomberg via Getty ImagesCanva says 1,271 employees — 22% of its workforce — will be affected by a major reorganization.In a 1,600-word memo, Canva's CEO wrote that it's simplifying ranks and moving more roles to Sydney.Employees who lose their jobs will get at least six months' pay. The company hasn't said how many will be cut.Canva has announced a major restructuring.On Tuesday, the design software company's CEO, Melanie Perkins, published a memo sent to employees titled "An important update on our team." In it, she said that 1,271 employees, roughly 22% of the workforce, will be affected by a reorganization. Some employees will see their roles change or relocate, she said, while others will lose their jobs.It comes after Canva lowered its growth expectations. In August, the company changed its 2026 revenue growth forecast from 30% to 20%. In Tuesday's memo, Perkins said that this year has…
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