Profoundly Difficult: Canva to Cut More Than 1,200 Jobs

As many as 1,271 staff—or 22 percent of the firm's headcount—will be impacted by layoffs, role changes or relocations as it confronts a year of slowed growth.

Profoundly Difficult: Canva to Cut More Than 1,200 Jobs

TL;DR

  • Canva is implementing a major restructure affecting more than 1,200 jobs.
  • The restructure includes layoffs, role changes, and relocations.
  • This impacts 22 percent of the company's headcount.
  • The decision is attributed to a year of slowed growth.
  • CEO Melanie Perkins described it as the hardest moment in the company's thirteen-year history.