Business
Canva cuts 1,271 jobs, 22% of workforce, in slowing-growth restructure
November 4, 2026 at 12:30 PM
Coverage
3 reports · over 12 hours
TETechCrunch
Canva lays off over 1,200 people amid slowing growth
(opens the publisher’s site)
TGThe Guardian
Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
(opens the publisher’s site)
BNBBC News
Canva announces major job cuts after 'our hardest year yet'
(opens the publisher’s site)Design software maker Canva has announced a restructure cutting or relocating 1,271 jobs, representing 22% of its global workforce.
- CEO Melanie Perkins said in a staff note the cuts follow growth slowing for the first time in a decade.
- Canva will merge its product, growth and platform teams and require hybrid work of two to three office days weekly.
- Departing staff receive at least six months' salary, 12 months of healthcare and US$10,000 grants to start ventures.
- Earlier this year Canva's early investors cut its valuation to about $35 billion over AI costs.