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Canva Restructures Amid Growth Slowdown, Announcing 1,271 Job Cuts and Support for Affected Employees

Canva Restructures Amid Growth Slowdown, Announcing 1,271 Job Cuts and Support for Affected Employees

Canva to cut about 22% of staff as growth slowdown triggers restructuring
Canva to cut about 22% of staff as growth slowdown triggers restructuring

Canva is combining ‌its product, growth and platform teams into a single product organisation

Canva to cut about 22% of staff as growth slowdown triggers restructuring
Canva to cut about 22% of staff as growth slowdown triggers restructuring

Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.

Canva announces major job cuts and restructuring of its workforce
Canva announces major job cuts and restructuring of its workforce

The changes are expected to impact around 22pc of the organisation’s workforce and are in response to a recent dip in the company's growth.

Canva to Lay Off 1,271 Employees, 22% of Workforce to Be Affected
Canva to Lay Off 1,271 Employees, 22% of Workforce to Be Affected

The company will offer affected employees at least six months’ salary and consolidate more product teams in Sydney as part of an organisational restructuring.

Canva announces layoffs, job changes for about 22% of workforce
Canva announces layoffs, job changes for about 22% of workforce

More people will work face to face, and most hybrid staff will spend two to three days in the office a week from January.

Canva conducts mass layoffs, over 1200 workers potentially impacted
Canva conducts mass layoffs, over 1200 workers potentially impacted

Canva is conducting its first mass layoff, which will potentially impact up to 1271 people. Co-founder and CEO Melanie Perkins announced today that the company will undergo a significant...

Canva announces job cuts affecting 22% of its workforce
Canva announces job cuts affecting 22% of its workforce

As part of the severance package, affected Canva employees will receive at least six months of salary, including statutory entitlements. The package also includes up to 12 months of healthcare...

Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up

Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be...

How Canva is softening the blow of 1,271 layoffs with free MacBooks & $10K startup grants

More employee heartbreaks are in store as the layoff wave heads next for the Australian-founded Canva. The popular design platform, a go-to outlet for creative expression across professions is set...

‘Sad and devastated’: Canva cuts hit staff and Australian tech overall
‘Sad and devastated’: Canva cuts hit staff and Australian tech overall

Canva was the start-up every Australian tech entrepreneur wanted to have founded. Its job cuts raise hard questions about what comes next.

Canva to slash staff, 22% of workforce impacted
Canva to slash staff, 22% of workforce impacted

Canva has announced a restructure affecting 22% of its workforce through redundancies, role changes and relocation requests.

Canva is announcing changes and layoffs affecting 22 percent of its staff
Canva is announcing changes and layoffs affecting 22 percent of its staff

Canva is making significant changes affecting 1,271 people, which is 22 percent of its staff, co-founder and CEO Melanie Perkins announced today. "For some people, this will mean changes to their...

Canva Faces Major Job Cuts Amid Restructuring Concerns

Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
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 staffGet our breaking news email, free app or daily news...

Canva to cut more than 1000 jobs in ‘hardest moment’ of its history
Canva to cut more than 1000 jobs in ‘hardest moment’ of its history

The design giant has announced a major restructure and will axe around 20 per cent of its workforce.

Canva layoffs: Is the company preparing to cut jobs again in November?
Canva layoffs: Is the company preparing to cut jobs again in November?

Canva employees are reportedly bracing for possible redundancies or a company-wide recruitment pause in November, as the design platform recalibrates its growth targets and steps up investment in...

Canva job cuts surface as staff fear wider restructure
Canva job cuts surface as staff fear wider restructure

The design giant quietly cut jobs earlier this year, but fears are mounting internally over a wider restructure as Canva navigates the shift to AI.

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