[Canva to Lay Off or Relocate Over 1200 Jobs, 22% of Global Employees] According to a report by The Guardian on November 4th, Australian design platform Canva announced a major restructuring, cutting or relocating over 1200 jobs, representing 22% of its global workforce. The company stated that the restructuring will affect 1271 people, focusing on "streamlining hierarchical structures" and bringing more teams together in a more in-person environment. CEO Melanie Perkins stated in an email to employees that this is "undoubtedly the most challenging moment in the company's thirteen-year history," but did not specify the exact number of layoffs. Departing employees will receive at least six months' salary, retain 12 months of health insurance in countries offering medical benefits, retain their laptops, and can apply for a $10,000 startup grant. The report notes that this move aligns with recent restructuring trends in the tech industry, but Canva did not mention artificial intelligence in its announcement.