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Canva Announces Major Job Cuts Affecting 1,271 Employees
· Confirmed
In Short: Australian design technology company Canva is restructuring its global operations, impacting 1,271 employees, representing 22% of its workforce, with job cuts, role changes, and relocation requirements.
Co-founder and CEO Melanie Perkins described the decision as 'the hardest moment' in Canva's 13-year history, noting that the company had experienced its first slowdown in growth in a decade.
Perkins wrote in a memo to employees, 'It had been our hardest year yet, and as we shared earlier this year, our growth has slowed for the first time in a decade.'
As part of the restructuring, Canva will consolidate operations, making Sydney the primary base for more of its product teams, and requiring employees to spend two to three days a week in the office starting from January 2027.
Canva is also launching the Canva Collective Fund, offering $10,000 grants to departing employees who want to start a business or pursue a community project.
Founded in 2013 by Perkins, her now-husband Cliff Obrecht, and Cameron Adams, Canva makes online design software used by more than 265 million people a month to create everything from school posters to work presentations.
Rowe Price marked down the value of its Canva shares by 20%, down to US$1,189 per share, giving the company an implied valuation of US$30.4 billion as of August 31.
The changes also include removing one-year vesting restrictions for employees who joined in the last year, providing career support, and allowing employees to register their interest in the Canva Collective Fund until December 14.
Background
Canva, an Australian design technology company, is restructuring its global operations, impacting 1,271 employees, or 22% of its workforce.
Canva, an Australian design software company, announced significant job cuts affecting 1,271 employees, or 22% of its workforce, as it faces slowing growth and technological changes.
What's confirmed
- Australian design technology company Canva is restructuring its global operations, with 1,271 employees, representing 22% of its workforce, set to be affected by job cuts, role changes and relocation requirements.
- From January 2027, employees working under hybrid arrangements will be expected to spend two to three days a week in the office.
- Canva's restructuring follows what Perkins described as its most challenging year, with the company recording its first slowdown in growth in a decade.
- Co-founder and chief executive Melanie Perkins described the decision as “without doubt the hardest moment in our thirteen-year history” in a message to employees.
- “It had been our hardest year yet, and as we shared earlier this year, our growth has slowed for the first time in a decade,” Perkins wrote to employees.
- Canva will also offer $10,000 grants to departing employees who want to start a business or pursue a community project through a new Canva Collective Fund.
- Australian-founded design software company Canva has announced a major global restructure affecting 1,271 employees, or 22 per cent of its workforce, as it responds to slowing growth and changes in the technology industry.
- Accueil LNT News Stache Canva is restructuring 22% of its workforce.
- The company is also launching the Canva Collective Fund, which will grant up to US$10,000 for employees looking to found a startup or new venture.
- Canva has announced its first major workforce restructuring in the company's 13-year history, affecting 1,271 employees, or 22% of its global workforce.
What's still developing
- By Tom Williams on Nov 04 2026 10:03 AM Canva announced a major restructure on Wednesday affecting more than 1,200 staff – or 22 per cent of its global workforce – in what CEO Melanie Perkins says is "the hardest moment" in the company's history.
- Canva, one of Australia's best-known startups, has announced major job cuts affecting 22% of its workforce, or 1,271 employees, as part of a broader restructuring plan.
- Vedyakhin said all banking systems and online services continued to operate normally and no employees were injured in the attack in the Volga River city of Balakovo, according to the state-run news agency TASS.
- Three affected employees and a copy of the notification email described the round to Business Insider, which reported that staff were told their role had been eliminated “as part of a broader organizational change” and that “today is your last working day”.
- Around 1,000 employees (6% of the company) were laid off this week in what marks the streamer’s largest axing to date.
- The news, which surfaced early Thursday through leaked internal memos and reports from senior leadership, suggests that the 16,000 job cuts announced in January were merely the opening salvo of a much larger “Phase One” restructuring.
- A further nine people have been injured in the spill, including eight employees and one firefighter, the Longview Fire Department said Tuesday evening, adding that the tank remains unstable.
- Her departure follows a wave of layoffs at the streaming giant, which recently let go of approximately 1,000 employees, accounting for 6% of its workforce.
- Perkins wrote a memo to Canva’s 5,000-plus employees explaining that 22 per cent of the company would be cut, have their roles changed or relocated in an effort to “refound Canva,” describing the restructure as necessary to ensure growth over the next decade.
- The restructure will affect 1,271 employees, co-founder and CEO Melanie Perkins said in a corporate blog post.
- This is supported with billions of dollars by Amazon and Google (the rivals of OpenAI’s major investor Microsoft) and was founded in 2021 by four former OpenAI employees ( Daniela Amodei, Dario Amodei, Jack Clark, and Jared Kaplan ).
- Graphic design company Canva has announced plans to significantly restructure its current workforce.