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Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure

Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure

Summary

Canva plans to cut or relocate 1,271 jobs, about 22% of its global workforce, as it restructures the company. The changes include combining teams and moving some roles to centralized hubs; Canva did not specify how many employees will lose their jobs or cite AI as a reason for the changes.

Key Facts

  • The restructure affects 1,271 people, according to Canva.
  • Canva says the changes will involve reducing management layers and bringing more teams together in person.
  • Some employees will be asked to relocate to centralized hubs.
  • Employees leaving Canva will receive at least six months of salary and, where offered, 12 additional months of health coverage.
  • Departing employees can keep their laptops and apply for grants of US$10,000 to start ventures.
  • Canva’s announcement did not mention AI.
  • The article reports recent job cuts at Atlassian, Block and WiseTech Global as part of broader technology-sector restructuring.
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