Canva to Lay Off or Relocate Over 1,200 Positions, Accounting for 22% of Global Workforce

on November 4, according to The Guardian, Australian design platform Canva has announced it will cut or relocate over 1,200 positions in a major restructuring, representing 22% of its global workforce. The company stated that the restructuring will impact 1,271 employees, focusing on "flattening organizational hierarchies" and "consolidating more teams into physical offices." CEO Melanie Perkins wrote in an email to staff that this is "undoubtedly the most difficult time in the company's thirteen-year history," without specifying the exact number of layoffs.

Laid-off employees will receive at least six months' salary, retain health coverage for 12 months in countries where such benefits are provided, keep their laptops, and are eligible to apply for a $10,000 startup grant. Reports indicated the move aligns with recent restructuring trends across the tech industry, though Canva made no mention of artificial intelligence in its announcement.