Aussie Adobe assailant Canva announces layoffs in re-org affecting 22% of staff
No mention of AI, but a nod to the pace of technological change
via The RegisterReported by 2 outlets
Canva restructures its workforce across 1,271 roles as growth slows
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Australian design software maker Canva is restructuring its operations in a shift impacting 1,271 employees, or 22 percent of its workforce. Co-founder and chief executive Melanie Perkins announced the move in a message to staff, noting that affected employees face layoffs, altered roles, or requests to relocate to centralized hubs. [1][2]
The company will merge its product, growth, and platform divisions into a unified Product Org while shifting more product teams to its Sydney headquarters with relocation support. For departing personnel, Canva is offering at least six months of pay, one year of health insurance, a one-year LinkedIn Premium membership, and the option to keep their company-issued MacBooks. [1]
Perkins explained that Canva experienced its first growth slowdown in a decade and needs to eliminate overlapping layers to regain efficiency. While the company is privately held, it revealed last year that it had 260 million monthly users and $3.5 billion in revenue. [1]
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2 outlets
Read at The Register
Canva is announcing changes and layoffs affecting 22 percent of its staff
Canva is making significant changes affecting 1,271 people, which is 22 percent of its staff, co-founder and CEO Melanie Perkins announced today. "For some people, this will mean changes to their roles or being asked to relocate to centralised hubs," says Perkins. "Sadly, it will also mean saying goodbye to teammates and friends who have…
via The Verge