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

GU
Guardian World
By Jonathan Barrett Business editor
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Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
Photo / Coverage: Guardian WorldCredit: Jonathan Barrett Business editor
EXECUTIVE SUMMARY

Chief executiveMelanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staff Get our breaking news email, free app or daily news podcast Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part of a major restructure that includes laying off staff who helped build the Australian-founded design platform. The changes mirror a trend across the technology sector, where software companies are fight

Key Takeaways

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

Chief executiveMelanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staffGet our breaking news email, free app or daily news podcastCanva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part of a major restructure that includes laying off staff who helped build the Australian-founded design platform.The changes mirror a trend across the technology sector, where software companies are fighting to stay competitive against cheaper artificial intelligence disrupters while aggressively embedding AI tools themselves. Continue reading...

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