Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
Source: The Guardian ·
Chief executive Melanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staffGet our breaking news email, free app or daily news podcastCanva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part of a major restructure that includes laying off staff who helped build the Australian-founded design…
From the source
Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part of a major restructure that includes laying off staff who helped build the Australian-founded design platform. The changes mirror a trend across the technology sector, where software companies are fighting to stay competitive against cheaper artificial intelligence disrupters while aggressively embedding AI tools themselves. Canva’s chief executive, Melanie Perkins, said in an email to staff on Wednesday that the restructure was “without doubt the hardest moment in our thirteen-year history”. “For some people, this will mean changes to their roles or being asked to relocate to centralised hubs,” she said. “Sadly, it will also mean saying goodbye to teammates and friends who have helped build Canva into what it is today.” The restructure will affect 1,271 people, according to the company, as it focuses on “collapsing layers” and bringing “more teams together in person”. “We know…
BestAIBroker analysis
- Finance-aware sentiment: slightly negative (-0.20 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 34/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.