Canva CEO Melanie Perkins Announces Reorganization Affecting 22% of Workforce

Canva, the Australian design platform valued at $26 billion, is undergoing a significant restructuring that will impact 22% of its workforce, according to a memo from CEO Melanie Perkins. The reorganization, which Perkins detailed in an internal communication, aims to streamline operations and better align teams with the company's strategic priorities. While the memo did not specify exact job cuts, it indicated that many affected employees will be redeployed to new roles, reflecting a shift in focus toward key growth areas such as enterprise and AI. This move comes as Canva, which has over 4,000 employees globally, seeks to maintain its competitive edge in a crowded market. Perkins emphasized the need for agility and efficiency, stating that the changes are designed to position the company for long-term success. The announcement underscores the challenges faced by high-growth tech firms in balancing expansion with operational discipline. As Canva navigates this transition, industry observers will be watching closely to see how the restructuring impacts its product roadmap and market position.