About Contact

Canva Restructures and Lays Off 1,271 Employees Amid Growth Slowdown

Canva Restructures and Lays Off 1,271 Employees Amid Growth Slowdown

Canva to cut 22% of workforce as growth slows for first time in a decade
Canva to cut 22% of workforce as growth slows for first time in a decade

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 lays off 1271 employees and cuts 22 per cent workforce in major restructuring

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...

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 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 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 Cuts 22 Percent of Workforce, Plans Major Shift to Product Teams and Office Work
Canva Cuts 22 Percent of Workforce, Plans Major Shift to Product Teams and Office Work

Canva said that the restructuring is intended to return it to smaller, more empowered teams with clearer ownership and greater autonomy.

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 to cut 1,271 jobs as growth slows for first time in a decade
Canva to cut 1,271 jobs as growth slows for first time in a decade

The Australian graphic design platform will eliminate approximately 22% of its workforce, restructure its product organization and consolidate more teams in Sydney.

Canva Restructures 22% of Its Workforce as Growth Slows
Canva Restructures 22% of Its Workforce as Growth Slows

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.

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 Announces Major Layoffs Impacting Over 1,200 Employees Amid AI Challenges and Offers Support Packages

On The Call: US midterms; Canva's job cuts
On The Call: US midterms; Canva's job cuts

The US midterms exposed the intensity of public data centre angst; Canva announced its biggest workforce shakeup to date.

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 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...

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 Lays Off Workers After AI Rollout Problems
Canva Lays Off Workers After AI Rollout Problems

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...

‘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.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.