Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
Chief executive Melanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staff
TL;DR
- Canva is cutting or relocating over 1,200 jobs, representing 22% of its global workforce.
- The restructure aims to 'collapse layers' and bring 'more teams together in person'.
- CEO Melanie Perkins described the changes as the 'hardest moment in our thirteen-year history'.
- Affected employees will receive at least six months' salary, continued healthcare benefits where applicable, and can keep their laptops.
- Departing employees are also eligible for US$10,000 grants to start their own ventures.
- This mirrors a trend in the tech sector, with companies like Atlassian, Block, and WiseTech Global also undergoing job cuts.
- The company is focusing on integrating AI tools, though AI was not explicitly mentioned in the restructure announcement.