Canva lays off or relocates over 1,200 positions, accounting for 22% of its global workforce.

Canva announced a restructuring that will eliminate or relocate 1,271 roles, or 22% of its global workforce, as the Australian design platform moves to flatten its hierarchy and consolidate more teams into in-office work. CEO Melanie Perkins called it the hardest moment in the company's 13-year history but did not specify how many of the affected employees would be laid off versus reassigned. Departing staff will receive at least six months of pay, 12 months of health coverage where applicable, keep their laptops, and can apply for a $10,000 startup grant. The move aligns with a broader wave of tech-sector restructuring, though Canva's announcement made no mention of artificial intelligence as a factor. Investors and industry watchers will focus on whether the reorganization delivers the intended operating efficiencies and how it affects Canva's growth and eventual public-listing prospects.