Canva Cuts or Relocates 1,271 Jobs, Restructuring 22% of Global Workforce

3 articles · Updated · The Guardian · Nov 4

Canva said 1,271 roles will be cut or relocated in a global overhaul, making the move the hardest moment in the 13-year-old company’s history, CEO Melanie Perkins told staff.
The restructure aims to collapse management layers and pull more teams into centralized hubs, with some employees asked to move and others leaving the company.
Departing staff will get at least six months of pay, up to 12 months of healthcare where applicable, their laptops, and access to US$10,000 startup grants.
The move adds Canva to a broader tech retrenchment that has already included 1,600 redundancies at Atlassian and cuts at Block and WiseTech Global.
Unlike several peers reshaping operations around AI pressure, Canva did not cite AI directly even as software companies race to defend themselves against cheaper AI challengers.