Aussie Adobe assailant Canva announces layoffs in re-org affecting 22% of staff
Canva, positioned as a competitor to Adobe, is undergoing significant organizational changes as its growth rate slows for the first time in a decade. CEO Melanie Perkins attributed the restructuring to inefficiency and the need to refound the company with smaller, more empowered teams. The reorganization will combine product, growth and platform teams into a single structure aimed at providing clearer ownership and greater autonomy. While the announcement references new technology transforming product creation, the CEO did not explicitly mention AI as a driver of the layoffs.
Key points
- 1,271 employees (22% of workforce) affected by layoffs, role changes or relocation requests
- First growth slowdown in a decade prompts CEO to pursue major restructuring rather than incremental changes
- Company combining product, growth and platform teams to reduce layers and increase autonomy
- Canva positions itself as an Adobe competitor in design software market
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