Canva restructure affects 1,271 workers as Perkins calls for a refounding
Perkins is merging Product, Growth and Platform into one organization and centralizing more teams in Sydney after growth slowed for the first time in a decade.
By Ryan Merket · Published
Primary source: Canva
Why it matters
Canva is not disclosing how many of the 1,271 affected employees will lose their jobs. A company reporting $4 billion in ARR is choosing an organizational reset after its first growth slowdown in a decade.
Canva co-founder and CEO Melanie Perkins has told employees that 1,271 people, or 22% of the workforce, will be affected by a restructuring that merges product teams, cuts management layers and pulls more staff toward Sydney. Perkins described the move as a "refounding" in her memo to employees, after Canva's growth slowed for the first time in a decade. Canva said some affected employees will change roles or be asked to relocate, while others will lose their jobs.…
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