Canva is combining its product, growth and platform teams into a single product organisation aimed at reducing handovers and giving teams greater ownership
Canva announces layoffs, 22% of workforce affected: Canva, the world’s popular design platform, planning to reduce its workforce as a part of restructuring move. More than 1,200 employees may be affected by the company’s decision.number of employees and send some employees to other places.
Co-founder and CEO Melanie Perkins said the changes would reshape Canva’s organisational structure, team locations and staffing requirements. Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.
Canva is combining its product, growth and platform teams into a single product organisation aimed at reducing handovers and giving teams greater ownership. It is also simplifying management layers and consolidating roles to improve accountability and decision-making
Canva plans to make Sydney the main base for more of its product teams and will ask some employees to relocate. From January, most hybrid workers will be expected to attend the office two to three days a week. The graphic design firm will also provide $10,000 grants to departing employees for future endeavours.
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The past year has been quite a challenge for Canva. After this, the company is moving towards changing its operations and organizational structure. This decision has once again intensified the debate about the stability of jobs in the tech industry.
