#australia

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Canva Restructures, Cuts Over 1,200 Roles

Canva is undergoing a significant restructure, impacting 1,271 employees as the company aims to "refound" itself for future growth. This decision comes after a period of slowed revenue growth and investor markdowns on the company's valuation. Founder Melanie Perkins described the past year as the company's "hardest yet," necessitating these changes to foster agility. The company is also shifting its work policy, making Sydney a key product center and requiring more in-office days. Departing employees will receive substantial severance packages and support for future ventures.

Sydney, Australia

https://www.forbes.com.au/news/innovation/canva-layoffs-impact-1200-employees/


Lithium Plant Cuts Jobs in Restructure

Tianqi Lithium Energy Australia has reduced its workforce at its Kwinana refinery. This action is part of a broader organizational restructuring. The company is implementing changes to its operational framework. Specific details regarding the number of affected employees were not disclosed. The move signals a shift in the company's strategic direction.

Kwinana, Western Australia

https://thewest.com.au/business/mining/tianqi-lithium-energy-australia-trims-headcount-at-kwinana-lithium-refinery-as-part-of-restructure-c-23107536


Canva May Face More Job Cuts

Reports suggest Canva might be planning further layoffs or a hiring freeze soon. This follows a recent reduction of 32 employees in the technical content department. Despite strong user growth in the past year, the company has significantly lowered its revenue projections for the upcoming year. CEO Melanie Perkins acknowledged that forecasts have not met initial expectations but emphasized a commitment to an AI-driven strategy. The company has not officially confirmed these potential workforce changes.

Sydney, Australia

https://m.economictimes.com/news/international/business/canva-may-announce-another-round-of-layoffs-in-november-report-claims-hiring-freeze-also-possible/articleshow/135466815.cms


MaxCap Reduces Workforce Amidst Market Downturn

Non-bank lender MaxCap has implemented workforce reductions this week, citing a broader downturn in the private credit market. The company stated these redundancies are part of standard business management to optimize structure and resource allocation. These layoffs are occurring as the private credit industry faces increasing challenges, including liquidity issues and scrutiny from regulators. MaxCap has experienced exposure to several failed property developers, impacting its funds. This move by MaxCap is indicative of wider industry pressures affecting private credit firms.

Sydney, Australia

https://www.afr.com/companies/financial-services/apollo-s-maxcap-cuts-staff-amid-private-credit-slump-20261023-p6180j


Deloitte Cuts Australian Jobs for Outsourcing

Deloitte has eliminated approximately 170 positions in Australia. The company is reallocating these roles to its outsourcing division, where it plans to hire over 500 individuals. This strategic shift aims to bolster stable, recurring revenue streams, aligning with industry trends. Deloitte anticipates AI will automate a significant portion of routine consulting tasks. This move is part of a broader strategy to expand its managed services operations.

Sydney, Australia

https://www.goingconcern.com/monday-morning-accounting-news-brief-deloitte-starts-the-week-with-layoffs-ai-agent-audits-are-here-10-19-26/


Atlassian Cuts Workforce for AI Focus

Software company Atlassian is laying off approximately 1,600 employees, representing 10% of its global workforce. This significant reduction is part of a strategic shift towards artificial intelligence and enterprise sales. The majority of affected employees are located in North America. The company anticipates substantial costs related to these layoffs and office space adjustments. Atlassian's Chief Technology Officer will also be stepping down.

Sydney, Australia

https://www.goodreturns.in/news/atlassian-layoffs-1-600-jobs-cut-as-software-jira-and-confluence-ai-artificial-intelligence-1495479.html


400 Laid off in Australia

  • KPMG Australia is cutting nearly 400 jobs, affecting about 5% of its workforce, including 27 partners.
  • Most job losses will fall within the firm's consulting and business services operations.
  • The restructuring follows a whistleblower scandal involving allegations that confidential client information was misused by KPMG partners to help win new business.
  • The controversy has damaged KPMG Australia's reputation and client trust and contributed to the loss of government contracts and increased regulatory scrutiny.
  • KPMG Australia has also experienced a leadership shakeup, with senior executives departing while investigations into governance, ethics, and the whistleblower matter continue.
  • Financial pressures are mounting: KPMG Australia's revenue reportedly fell around 1% in the financial year ending in June, while demand for some consulting and business-services roles weakened.
  • KPMG plans to simplify its organizational structure, including changes to advisory and dealmaking operations, as part of a broader effort to rebuild the firm and improve efficiency.
  • The firm says affected employees will receive practical and well-being support, but it has not ruled out further job cuts as internal and external reviews continue.
  • The Australian cuts follow other major KPMG reductions, including roughly 400 US advisory jobs and hundreds of positions in the UK during the year.
  • KPMG's restructuring reflects a broader global layoff trend, with companies across consulting and technology cutting staff because of restructuring, tougher business conditions, AI-driven changes, and—in KPMG Australia's case—the financial consequences of reputational damage.

Source:
https://www.youtube.com/watch?v=BmrGMoS5pBI


Working Internationally.

I am 100% virtual employee. Can I work from International location? I have asked my manager and he said no. I would like to visit Australia and work from there for a month instead of using my pto. Has anyone tried to take the laptop outside rhe country like on a cruise or anything like that?


FIS stopped paying redundancy compensation

Does anyone have clarity on how redundancy pay is calculated in Australia?
In Singapore, FIS paid 1 month's salary for each year of service to employees who were made redundant. In Australia, it looks like FIS is following the government-mandated rates under the National Employment Standards. Can anyone confirm if this is correct?


July 2026 - The day we lost so much talent

Today is the day where XOM lost an unbelievable amount of talent between our Australia friends moving to Woodside and the remainder of the Brits being made redundant. Sad day for us all and we will suffer the consequences long term. DWW should pay when something happens but hey this Merica so he will left holding his $100M fund and be left to retire happily whilst others pay the price


Straight from Michael Dell

China shutdown was just the beginning as Australia will be next to move all operations with exception of Sales and some Core Leadership and HR functions offshore. Zenith Building will be getting closed down within next 18-24 Months. You will start noticing the rats leaving in the next 6 months as major leadership changes occur after June 30. As an American with prior ties to setting up Sydney back in the early 2000's, I felt obligated to whistle blow this information. Run when you get the chance.


DXC Australia Strike

https://www.google.com/url?sa=t&source=web&cd=&ved=2ahUKEwihoZCMuLKUAxWZSmwGHbf_AX4QFnoECCQQAQ&url=https%3A%2F%2Fwww.crn.com.au%2Fnews%2F2026%2Fpartners%2Fdxc-technology-begins-rolling-strikes-over-underpayment&usg=AOvVaw1tPS_UQmJO5XnlYqR1OLqH&opi=89978449

Seems like the Aussies have had enough of the BS


Union in Australia

Reading the Fair Work Act 2009 and if my understanding is correct Dell cannot stop you from unionizing. Furthermore, it is illegal for an employer to take "adverse action" against you for being a union member or participating in union activities. This includes but is not limited to fire or demotion, refusal of hire because of your union history, discrimination (cutting hours or denying promotions), coerce or pressure you to quit the union.

“If your employer is intimidating you or treating you unfairly because of your interest in a union, you can contact the Fair Work Ombudsman or the Fair Work Commission.”

With the above said what is stopping us from joining union and pushing back on this unethical and utterly unfair commission plan?

Are we all going to fold our tails and cop it?