Canva Group is set to cut 1,271 jobs, which accounts for about 22 percent of its workforce. The restructuring is a response to a slowdown in growth and increasing pressures in the software market....
Canva just announced a big shake-up for its team by laying off around 22 per cent of its staff. The company is letting go of around 1,271 people working worldwide for the company, as they have...
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 is combining its product, growth and platform teams into a single product organisation
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 said that the restructuring is intended to return it to smaller, more empowered teams with clearer ownership and greater autonomy.
The company will offer affected employees at least six months’ salary and consolidate more product teams in Sydney as part of an organisational restructuring.
The Australian graphic design platform will eliminate approximately 22% of its workforce, restructure its product organization and consolidate more teams in Sydney.
Departing staff can apply for a $10,000 grant to start a business, and Canva says it won’t take any equity in what they build.
The design giant has announced a major restructure and will axe around 20 per cent of its workforce.
The US midterms exposed the intensity of public data centre angst; Canva announced its biggest workforce shakeup to date.
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 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...
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...
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 is making its first round of job cuts since it was founded in 2013, the Australian Financial Review first reported on Tuesday. The company has told 22% of its staff, or 1,271 people, that...
Canva was the start-up every Australian tech entrepreneur wanted to have founded. Its job cuts raise hard questions about what comes next.
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