Australia’s Canva to Restructure, Affecting 22% of Workforce
Australian graphic design platform Canva Group said on Wednesday that a restructuring would affect 1,271 jobs, or around 22% of its workforce, after growth slowed for the first time in a decade. The Sydney-based company is the latest technology firm to reduce headcount as the sector adapts to rapid advances in AI and changing business needs. Co-founder and CEO Melanie Perkins said the changes would reshape Canva's organizational structure, team locations and staffing requirements.
