Business1 min read

Canva says it is restructuring, which will impact 1,271 workers, or 22% of its workforce, as it merges its product, growth, and platform teams (David Swan/The Age)

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In short

The sweeping restructuring impacts roughly 22% of the company's total workforce across the organization. Leadership is consolidating several key internal divisions to reshape how the business operates going forward. Specifically, the company is merging its product, growth, and platform teams into a more integrated operational structure. Further details regarding the implementation of the reorganization have not been disclosed.

Key points

  • Multiple operational teams are being consolidated into a single unified business structur…: Multiple operational teams are being consolidated into a single unified business structure.
  • More than one-fifth of the company's global staff is affected by these internal changes.: More than one-fifth of the company's global staff is affected by these internal changes.
  • Company officials have not disclosed additional specifics regarding the implementation of…: Company officials have not disclosed additional specifics regarding the implementation of the reorg.

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