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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.

Timeline

  1. [BUSINESS] 7 sources
    Canva 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.

  2. [BUSINESS] 77 sources
    Canva 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