Key Takeaways

Graphic design company Canva is undergoing a restructuring that will affect 1,271 employees.

Canva will lay off some employees and change roles or relocate others.

One CEO called Canva’s layoff announcement “a master class.”

You have just lost your job . Can your employer help you find the next one?

That’s the question thousands of workers face at Canva, a graphic design platform launched in 2013. This week, Canva said that it is laying off, changing roles or relocating 1,271 employees, or about 22% of its workforce.

The move is a major restructuring that arrives in the wake of Canva’s “ hardest year yet, ” according to a memo sent to employees by co-founder and CEO Melanie Perkins . She mentioned that in the past year, the company’s growth slowed for the first time in 10 years.

“After exploring a wide range of alternatives, I’ve come to the difficult conclusion that small changes won’t be enough ,” Perkins wrote.…