Depository of News

Canva Closes Prague Office as More Than 1,200 Jobs Are Cut Worldwide

newsdepo.com · world

Canva is shutting down its Prague office, leaving only six employees from a workforce of around 50 as part of a company-wide restructuring affecting more than 1,200 people. According to a former employee familiar with the situation, staff first received a company-wide email from Canva CEO Melanie Perkins outlining major changes. Around 20 minutes later, employees whose positions were being eliminated received individual notifications. Those affected were reportedly given about a week to collect their belongings. Access to most internal work systems was cut immediately, with employees retaining access only to services such as Slack and email. The Prague closure comes during what has been described as the largest restructuring in Canva’s history and the company’s first major round of mass layoffs. The changes are expected to affect 1,271 employees, equivalent to roughly 22 percent of the company’s workforce. Prague Staff Point to Structure and AI Costs A former member of the Prague office said two factors appear to have contributed to the decision. The first is the company’s organizational structure. Responsibilities were divided across several layers, making communication and decision-making more difficult. The problem was further complicated by the ten- to eleven-hour time difference between Central Europe and Sydney.... The post Canva Closes Prague Office as More Than 1,200 Jobs Are Cut Worldwide appeared first on Prague Morning .

Read full article →