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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 84 sources · 3 days · First seen · Last updated
Canva workforce restructuring and layoffs
Overview
Australian design software company Canva announced a global restructuring affecting 1,271 employees, which represents approximately 22 percent of its total workforce. CEO Melanie Perkins described the decision as the most difficult in the company’s 13-year history, citing the firm’s first growth slowdown in a decade.
The reorganization involves merging Product, Growth, and Platform teams into a single Product organization to reduce communication friction. This restructuring impacts marketing, creative, and communications teams globally. Factors contributing to the move include rising operating costs for developing proprietary artificial intelligence models, increased competition from AI-driven design tools, and a lowered revenue growth forecast for 2026.
To support departing staff, Canva is offering severance packages including at least six months of salary, continued healthcare coverage in certain regions, career coaching, and one year of LinkedIn Premium. The company is also providing $10,000 grants through the Canva Collective Fund to help former employees start businesses or community projects, and some employees may be permitted to keep their company MacBooks. Some employees may face role changes or requests to relocate to the company’s primary product hub in Sydney.
Entities
Canva · Sydney · Melanie Perkins · Figma · Australia
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 27 SOURCES] Canva is affecting 1,271 employees, which is 22% of its workforce. www.aajtak.in · www.digitalnewsreport.com · www.bbc.co.uk · www.realitatea.net · startupnews.com.au · +22 more
- [● 26 SOURCES] Canva's growth has slowed for the first time in a decade. www.aajtak.in · www.digitalnewsreport.com · www.bbc.co.uk · www.realitatea.net · startupnews.com.au · +21 more
- [● 13 SOURCES] Canva will combine Product, Growth, and Platform teams into one Product Organization. www.aajtak.in · www.digitalnewsreport.com · www.realitatea.net · startupnews.com.au · bhaskarlive.in · +8 more
- [● 8 SOURCES] Hybrid employees will be expected to work in the office two to three days a week starting in January. www.digitalnewsreport.com · www.bbc.co.uk · startupnews.com.au · dailyguardian.ca · www.ibtimes.sg · +3 more
- [● 6 SOURCES] Affected employees will receive at least six months of salary. bhaskarlive.in · dailyguardian.ca · www.ibtimes.sg · tennews.in · in.mashable.com · +1 more
- [● 5 SOURCES] Canva will provide a $10,000 grant opportunity through the Canva Collective Fund for eligible departing staff. bhaskarlive.in · srnnews.com · tennews.in · www.ibtimes.sg · womeninadria.com
- [● 3 SOURCES] Canva lowered its 2026 revenue growth forecast from 30% to 20% in August. www.digitalnewsreport.com · bizwatchnigeria.ng · www.antaranews.com
- [● 2 SOURCES] Affected employees can keep their office-issued MacBooks. in.mashable.com · womeninadria.com
Timeline
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[BUSINESS] 7 sourcesCanva announces global restructuring and 22% workforce reduction
Canva is restructuring its global operations, affecting 1,271 employees (22% of staff). The company is offering generous severance, including six months' pay, MacBooks, and $10,000 startup grants.
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[BUSINESS] 77 sourcesCanva to cut 1,271 jobs amid first growth slowdown in a decade
Canva is laying off 1,271 employees, about 22 percent of its staff, due to its first growth slowdown in ten years and rising AI-related costs.
Sources
7news.com.au · 80.lv · aajtak.com · antaranews.com · beritaharian.sg · bhaskarlive.in · biznis.ba · biznismagazin.rs · bizwatchnigeria.ng · bl-portal.com · bmmagazine.co.uk · brandbuffet.in.th · brisbanetimes.com.au · businessinsider.nl · careeraheadonline.com · coinpaper.com · cronicadecantabria.com · dailyguardian.ca · digitalnewsreport.com · divulgacion.org · donanimgunlugu.com · drweb.de · econoTimes.com · edigest.hk · fehmarn24.de · financial-news.co.uk · foxbusiness.com · fxcc.com · gigazine.net · gulfnews.com · hellofresh.it · hindi.asianetnews.com · hindi.business-standard.com · hindi.newsbytesapp.com · hrdive.com · ibtimes.sg · in.mashable.com · independent.co.uk · inet.detik.com · informaparaiba.com.br · irri.org · it-boltwise.de · jamila-schaefer.de · japan.cnet.com · lavanguardia.com · m.realitatea.net · mamstartup.pl · mashable.com
This summary has been updated 1 time: see revision history