Canva, the online design platform, announced on Wednesday, November 4, 2026, a restructuring that will affect about 1,271 employees, roughly 22% of its workforce.
What Canva said
- Not everyone affected will lose their job. The changes include job reductions, changed responsibilities, relocation requests and combining some product, growth and platform teams.
- CEO Melanie Perkins said the company's growth slowed for the first time in a decade.
- In August, Canva lowered its 2026 revenue growth forecast from 30% to about 20%.
- According to reports, affected staff will receive at least six months' salary, 12 months of healthcare where it was provided, and $10,000 grants to start their own businesses. The changes take effect from January.
The bigger picture
Canva grew into one of the best-known design tools by making graphic design accessible to people without professional training. That market is now changing quickly: AI tools can generate images, layouts and presentations from a short text description, and many larger software companies are adding similar features to their own products.
A slowdown from very high growth to around 20% is still growth, but for a company that has expanded rapidly, it can mean reorganising teams and costs.
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