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Canva workforce restructuring and layoffs

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2026-11-06 08:33 UTC → 2026-11-07 00:13 UTC · added removed

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.

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  1. 2026-11-07 00:13 UTC Canva workforce restructuring and layoffs
  2. 2026-11-06 08:33 UTC Canva workforce restructuring and layoffs

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