Canva to lay off or relocate more than 1200 roles, accounting for 22% of global employees

According to 深潮 TechFlow, on November 04, as reported by The Guardian, Australian design platform Canva announced that it will lay off or relocate more than 1200 positions in a large-scale restructuring, accounting for 22% of its total global workforce. The company said the restructuring will affect 1271 people, focusing on flattening management layers and bringing more teams to work on-site. CEO Melanie Perkins said in an email to employees that this is undoubtedly the most difficult moment in the company's 13-year history, but did not disclose the exact number of layoffs.

Departing employees will receive at least six months of salary, retain healthcare coverage for 12 months in countries where medical benefits are provided, keep their laptops, and may apply for a USD 10000 entrepreneurship grant. The report said the move is consistent with recent restructuring trends in the technology industry, but Canva did not mention artificial intelligence in the announcement.

Source: 深潮 TechFlow