Choose Rich Live
Tech

Canva restructuring to impact 1,271 workers as teams merge

Canva is restructuring its operations in a move that will affect 1,271 employees, or 22% of its workforce, as the design company consolidates its product, growth, and platform teams.

A Canva logo sign mounted on the brick exterior of an office building.
Image: @StockMKTNewz

Canva is undergoing a major reorganization affecting 1,271 employees, representing approximately 22% of its workforce, according to a report by David Swan for The Age. The shift comes as the company combines its product, growth, and platform teams.[1][4]

Canva co-founder and Chief Executive Officer Melanie Perkins outlined the changes in a memo to staff, as reported by Business Insider and Bloomberg. Under the restructuring, affected staff members may lose their jobs, transition into different roles, or be asked to relocate to central offices.[2][3][4][5]

The reorganization follows slowing growth at the company, with The Age reporting that Canva plans to cut more than 1,000 jobs in response to the slowdown.[4][5]

Key facts

  • Canva is restructuring its workforce, impacting 1,271 employees, or 22% of its staff.
  • The reorganization involves merging Canva's product, growth, and platform teams.
  • Canva CEO Melanie Perkins announced the restructuring details in an employee memo.
  • Affected staff will face job cuts, reassignment to different roles, or relocation to central offices.
  • The Age reported that the company will cut more than 1,000 jobs in response to slowing growth.

Sources · 5 sources

  1. TE

    Techmeme@TechmemePost on X ·

    Canva says it is restructuring, which will impact 1,271 workers, or 22% of its workforce, as it merges its product, growth, and platform teams (@swan_legend / The Age) (Visit Techmeme dot com for the link and full context!)

    Open source
  2. TV

    The Verge@vergePost on X ·

    Some Canva workers may have different roles, be asked to relocate, or be laid off. https://t.co/bM0ns6TD8b

    Open source
  3. BI

    Business Insider@BusinessInsiderPost on X ·

    Canva CEO Melanie Perkins wrote a memo explaining how a major reorganization will affect 22% of the company's workforce. https://t.co/lttA7QONrY

    Open source
  4. TE

    TechmemeArticle ·

    Canva says it is restructuring, which will impact 1,271 workers, or 22% of its workforce, as it merges its product, growth, and platform teams (David Swan/The Age) David Swan / The Age : Canva says it is restructuring, which will impact 1,271 workers, or 22% of its workforce, as it merges its product, growth, and platform teams — Canva will cut more than 1000 jobs in a major restructure in response to slowing growth at the design giant. — Co-founder and chief executive …

    Open source
  5. EV

    Evan@StockMKTNewzPost on X ·

    CANVA IS LETTING GO 22% OF ITS WORKFORCE AFTER ITS GROWTH SLOWED FOR THE FIRST TIME IN A DECADE About 1,271 employees will lose their jobs, change roles, or move to central offices, CEO Melanie Perkins told staff, per Bloomberg. https://t.co/J3LJBbuCnZ

    Open source