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.
Here are more details:
Co-founder and CEO Melanie Perkins said the changes would reshape Canva’s organisational structure, team locations and staffing requirements
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
Enterprise software company Atlassian cut 1,600 jobs in March to fund further investment in AI and enterprise sales
In February, software company WiseTech Global cut nearly a third of its global workforce as part of a two‑year restructuring that could rank among the country’s largest AI-linked job cuts
