AI and Organizational Efficiency Drive Changes as Canva Launches Large-Scale Restructuring
Australian design software company Canva has launched a large-scale organizational restructuring, with 1,271 employees facing layoffs, role changes, or relocation, accounting for 22% of its total workforce. CEO Perkins said that the company is experiencing its first growth slowdown in nearly a decade, and its existing structure is difficult to adapt to the next stage, requiring restructuring to improve efficiency. The product, growth, and platform teams will be merged into a unified product organization, simplifying management layers, integrating overlapping responsibilities, and forming smaller teams.
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