Canva announces job cuts and relocation affecting over 1,200 employees

Design platform Canva has announced a major restructuring affecting 1,271 employees, or 22% of its workforce.
The changes include layoffs, role changes and relocation of some employees to centralised hubs, with Sydney becoming a key base.
• CEO Melanie Perkins called it the company's hardest year in 13 years, as growth slowed for the first time in a decade.
In August, Canva lowered its revenue growth forecast from 30% to 20%, signalling a slowdown in its business.

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