Restructuring decision at Canva: changes affecting 1,271 employees announced

Canva announced a company-wide restructuring that will affect 1,271 employees, or 22% of its workforce, according to a memo from co-founder and CEO Melanie Perkins. The figure includes not only layoffs but also staff whose roles or work locations will change. The design-software company is reorganizing to sharpen its focus as it scales globally. The move matters because it signals a significant cost and structure reset at one of the world's most valuable private software firms. What to watch next is how many of the affected employees are actually laid off versus reassigned, and whether the restructuring precedes a push toward profitability or a public listing.