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Nov 3, 2026

Canva cuts over 20% of workforce as growth slows for first time

Australian design platform Canva announced job cuts and structural overhaul affecting more than one-fifth of its workforce after the company's growth slowed for the first time in a decade.

Nov 3, 2026·2 sources
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Top claims

  • ▪Canva co-founder and Chief Executive Officer Melanie Perkins stated that Canva's restructuring affecting 1,271 employees represents the hardest moment in Canva's 13-year history
  • ▪Canva faced increased operating costs in 2026 associated with incorporating artificial intelligence technology into its online design platform
  • ▪Melanie Perkins co-founded Canva in 2013 alongside Cliff Obrecht and Cameron Adams to provide template-based graphic design tools for non-technical users

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AI and societyAI job displacementAI applications

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Australia