Canva’s First Growth Slowdown in a Decade Triggers a 1,271-Role Restructure
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Canva is restructuring 1,271 roles, equivalent to 22% of its global workforce, in a move that combines job cuts, new positions for some staff, and relocations to central hubs. Co-founder and CEO Melanie Perkins announced the changes in a staff note on Wednesday but did not specify how many affected employees will ultimately lose their jobs. The restructuring follows the company's first growth slowdown in a decade. Investors will watch for clarity on the net headcount reduction and whether the hub consolidation stabilizes Canva's growth trajectory.
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Canva, Melanie Perkins