Canva shake-up hits 1,271 staff with job cuts and relocations
Australian design start-up Canva says 22% of its workers, or 1,271 people, will lose their jobs, relocate or change roles. CEO Melanie Perkins said growth has slowed for the first time in a decade.
Canva, one of Australia's best-known start-ups, has announced a restructuring that affects 22% of its workforce. Co-founder and CEO Melanie Perkins told staff on Wednesday that 1,271 people would lose their jobs, be asked to relocate or change roles, the BBC reported. She called it "without doubt the hardest moment in our thirteen-year history". Perkins said some staff would be asked to move to centralised hubs. Sydney will become the "primary home" for more of the company's product teams. From next year, hybrid workers will be expected in the office two to three days a week. Canva has staff in 37 countries. In her note, Perkins said it had been the company's "hardest year yet". She added that Canva's growth had slowed for the first time in a decade. She also said that new technology was changing what people create, how…
Read more 2 min read