Canva announces workforce changes affecting about 22% of staff
Business · First reported 3 Nov, 22:35 · Updated 22:49
Canva says changes will affect 1,271 people, or 22% of its staff, while Bloomberg reports job cuts and a structural overhaul after the company’s growth slowed for the first time in a decade. The available reports give limited detail about the changes.
- Canva CEO and co-founder Melanie Perkins announced changes affecting 1,271 people, described as 22% of the staff.
- Bloomberg reports job cuts and a structural overhaul affecting more than one-fifth of Canva’s workforce.
- The Verge says some employees may have role changes or be asked to relocate to centralised hubs; Bloomberg links the announcement to slower growth.
Summary written by Lux AI from 2 articles
Key facts
- People affected
- 1,271
- Share of staff
- 22%
- Announced by
- Melanie Perkins, co-founder and CEO
- Business context reported
- Growth slowed for the first time in a decade
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Background
- An earlier Lux headline described Canva cutting hundreds of jobs and linked the event to AI reshaping the workforce. [08ef2e7c-ac05-4828-ab9a-6a1d948477b1]
- Another earlier Lux headline said a report claimed Canva might announce another round of layoffs in November, with a hiring freeze also possible. [42265e53-2b45-4e2a-8765-ce2658638859]
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- Corporation 50% (1)
- Unknown 50% (1)
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