Canva to cut 22 percent of staff as it restructures for the next decade

Canva is making major changes that will affect 1,271 employees, roughly 22 percent of its workforce, according to co-founder and CEO Melanie Perkins. Some staff will see their roles altered or be asked to move to centralised hubs, while others will be let go. Perkins told employees that small adjustments would not be enough, so the company needs to refound itself and return to its earlier, smaller-team roots. She framed the restructuring as necessary to position Canva for the next ten years. The announcement was made in a note to staff and reported by The Verge.