India, Nov. 4 -- Design platform Canva is cutting jobs and relocating employees in a major restructuring move. Canva co-founder and CEO Melanie Perkins shared the "profoundly difficult news" in an email to staff on November 4.

"We have made the incredibly hard decision to make significant changes to how we're organised, where some of our teams are based, and the roles and skills we need for the future," Perkins said.

This is the company's first major restructuring in its 13-year history. Canva does not have an office in India.

The reorganisation and layoffs come at a time when Canva, one of Australia's most valuable technology startups, is trying to stay relevant in the age of artificial intelligence. In Tuesday's memo, CEO Melanie Per...