Skip to content
Sir CompareComparisons with evidenceAsk Sir CompareAskTelegram
United Kingdom · GBP

News

Canva cuts or moves 1,271 jobs: what changes for users

Updated

Illustrative photo: AI Tools & SaaS: Code on computer monitor (Unsplash)
Illustrative photo

The numbers behind the restructure

Canva is cutting or relocating more than 1,200 jobs, which the company says represents 22% of its global workforce. According to Canva, the restructure will affect 1,271 people. The changes include laying off staff who helped build the Australian-founded design platform.

Chief executive Melanie Perkins announced the move in an email to staff on Wednesday. She described the restructure as the hardest moment in the company's thirteen-year history. Perkins did not specify the exact number of job losses, so the split between cuts and relocations has not been made public.

Relocation to centralised hubs

Part of the plan involves asking people to move. Perkins wrote that for some staff the restructure will mean changes to their roles or being asked to relocate to centralised hubs. She said the company knows relocating is a big decision for those being asked to consider it, and that it is committed to making the process as smooth as possible with comprehensive support.

The restructure focuses on collapsing layers and bringing more teams together in person. Perkins also said the company would be saying goodbye to teammates and friends who helped build Canva into what it is today.

What departing staff get

Those leaving Canva will receive at least six months of salary. They retain healthcare coverage for a further 12 months in countries where workers receive that benefit. They can also keep their laptops.

Departing staff can apply for US$10,000 (A$14,000) grants to start their own ventures. These are the terms the company has set out for people affected by the restructure.

Where Canva sits in the wider tech wave

Canva is one of Australia's most successful startups and has long been touted as a candidate for a blockbuster listing on the Nasdaq. The restructure adds it to a wave of changes across the technology sector.

That wave has included 1,600 redundancies at Atlassian, plus job losses at Afterpay's owner Block and at WiseTech Global. The report notes that software companies are fighting to stay competitive against cheaper artificial intelligence disrupters while embedding AI tools themselves. Unlike Atlassian, Block and WiseTech, Canva did not mention AI in its restructure announcement.

What remains unconfirmed

The company has not said how many of the 1,271 affected people will lose their jobs and how many will be asked to move. The announcement also does not specify where the centralised hubs are or which teams are affected.

The confirmed facts are the 1,271 affected roles, the 22% share of the global workforce, the severance terms and the relocation option.

Related coverage

Source: The Guardian · AI (UK)

Hardware to try AI at home

Affiliate links: we may earn a commission from qualifying purchases, and it never changes our data or rankings. They open Amazon's search results: prices and availability are shown there.

Video

What changed

  • Page updated

How I put products in order

Sir Compare’s letter

Updates on AI tools & SaaS? I’ll send them your way.

Pick what you care about: I only write when something new comes out — a guide, a news story, a verified price that drops.

Step 1 of 2

What are you into?

Pick as many as you like. Pick none and you get what’s new in every section.

What you want to receive
  • Only what you pick
  • Never an empty email
  • One click to leave

Your assistant

Open full page →