Canva restructuring affects 1,271 employees, accounting for 22% of total employees.
on November 5, according to an official announcement from Canva, the company will adjust its organizational structure, the locations of some teams, and required roles and skills, affecting 1,271 people, accounting for 22% of the total number of employees. Some employees' positions will change or they will be required to relocate, and the company will also lay off some personnel.
Canva co-founder and CEO Melanie Perkins stated that company growth has slowed for the first time in a decade, and it will consolidate its product, growth, and platform teams, and streamline its hierarchy.
Laid-off employees will receive at least six months' salary and may keep the MacBooks provided by the company; those interested in entrepreneurship or community projects may also apply for a $10,000 grant, with Canva acquiring no ownership or equity stake in their projects.