Canva to Cut 22 Percent of Jobs
Australian design platform Canva plans to cut 1,271 jobs or about 22 percent of its workforce. The restructuring follows a slowdown in growth for the first time in a decade. The company is also consolidating product teams and altering hybrid work policies.
Australia-based Canva Group will cut 1,271 jobs, or 22% of its workforce, following a decade of rapid growth. The graphic design platform announced the restructuring on Wednesday morning as growth slowed for the first time in ten years. The reorganization aims to restore small, empowered teams and revive slowing expansion.
