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Canva Restructures, Affecting 1,271 Employees
· Confirmed
In Short: Canva, an Australian design technology company, is restructuring its global operations, impacting 1,271 employees, or 22% of its workforce.
Canva, an Australian design technology company, is restructuring its global operations, impacting 1,271 employees, or 22% of its workforce. The restructuring will involve job cuts, role changes, and relocation requirements.
From January 2027, employees working under hybrid arrangements will be expected to spend two to three days a week in the office. Canva will also offer $10,000 grants to departing employees who want to start a business or pursue a community project through a new Canva Collective Fund.
Sydney will become the primary base for more of Canva's product teams, with the company looking to consolidate operations and encourage greater in-person collaboration.
The restructuring follows Canva's most challenging year, with the company recording its first slowdown in growth in a decade. Perkins wrote to employees, 'It had been our hardest year yet, and as we shared earlier this year, our growth has slowed for the first time in a decade.'
Canva said it would provide support to employees affected by the relocation requirements. The restructuring will involve fewer specialized roles, fewer organizational layers, and a return to smaller, more empowered teams.
Background
Canva, an Australian design software company, announced significant job cuts affecting 22% of its workforce, as it faces slowing growth and technological changes.
What's confirmed
- From January 2027, employees working under hybrid arrangements will be expected to spend two to three days a week in the office.
- “It had been our hardest year yet, and as we shared earlier this year, our growth has slowed for the first time in a decade,” Perkins wrote to employees.
What's still developing
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- Three affected employees and a copy of the notification email described the round to Business Insider, which reported that staff were told their role had been eliminated “as part of a broader organizational change” and that “today is your last working day”.
- Around 1,000 employees (6% of the company) were laid off this week in what marks the streamer’s largest axing to date.
- A further nine people have been injured in the spill, including eight employees and one firefighter, the Longview Fire Department said Tuesday evening, adding that the tank remains unstable.
- Her departure follows a wave of layoffs at the streaming giant, which recently let go of approximately 1,000 employees, accounting for 6% of its workforce.
- This is supported with billions of dollars by Amazon and Google (the rivals of OpenAI’s major investor Microsoft) and was founded in 2021 by four former OpenAI employees ( Daniela Amodei, Dario Amodei, Jack Clark, and Jared Kaplan ).