Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
Chronological Source Flow (UK)
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AI Fusion Summary
Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, during a major restructure. CEO Melanie Perkins described this as the hardest moment in the company's thirteen-year history. The redundancies occur as software firms struggle against AI disrupters while integrating AI tools. Additionally, the company will merge departments and require staff to work in the office more frequently. Perkins apologised to employees for these changes following the company's hardest year.
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