Back to News
Market Impact: 0.35
Canva to restructure operations, affecting 22% of workforce as growth slows
Source: foxbusiness.com
M&A & RestructuringManagement & Governance
Canva CEO Melanie Perkins announced a restructuring affecting 22% of employees. The changes include layoffs, team consolidation, relocation requests and office changes.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
strongly negative
Sentiment Score
-0.55
More News
- NextDC shares surge 43% after Goodman, Digital Realty stake purchases
- China Blocks SoftBank Acquisition of ABB Robot Unit, FT Says
- Softbank’s $5.4 bln takeover of ABB robotics unit blocked by China- FT
- Inside the chip talent war: Trade secrets and rising Chinese rivals
- Host Hotels & Resorts CEO on 3Q Quarterly Results
- Australia’s 188-year-old retailer David Jones enters administration, faces sale