Canva cuts 1,271 jobs, 22% of workforce, as CEO cites slowing growth
Synopsis
Key Takeaways
Graphic design platform Canva will eliminate 1,271 jobs — roughly 22 per cent of its global workforce — as part of a sweeping organisational overhaul, Chief Executive Officer and Co-founder Melanie Perkins announced on Wednesday, 4 November 2026. In a note published on Canva's official website, Perkins described the restructuring as the hardest moment in the company's 13-year history, saying it was necessary to position Canva for long-term competitiveness.
What the Restructuring Involves
The overhaul will affect 1,271 employees across role changes, relocations to centralised hubs, and outright job eliminations. Canva will merge its product, growth, and platform functions into a single unified product organisation, while reducing specialised roles and flattening management layers. Some teams will be consolidated; others will absorb broader responsibilities as the company works to cut organisational complexity.
Perkins said that incremental adjustments would not be sufficient and that Canva needed to 'refound itself around smaller, more empowered teams'. The restructuring follows months of internal deliberation over the company's structure, team locations, and future skill requirements.
Why Canva Is Making the Move
According to Perkins, Canva's growth slowed for the first time in a decade, even as rapid technological change reshaped customer expectations and product development. The CEO argued that the pace of change in the industry — particularly in AI-driven design tools — demanded a structural response rather than a tactical one. This comes amid a broader wave of layoffs across the global technology sector, where multiple mid-to-large platforms have trimmed headcount in response to tightening growth curves and investor pressure on profitability.
Hub Strategy and Office Mandate
Sydney will serve as the primary hub for more product teams going forward. Most hybrid employees will be required to spend two to three days a week in the office starting from January, signalling a broader pull-back from the remote-first model Canva had embraced post-pandemic. The centralisation is designed to increase in-person collaboration, according to the company.
Support for Departing Employees
Canva said it would offer departing staff a package that includes at least six months' salary, continued healthcare coverage where applicable, career transition assistance, and extended employee support services. Additionally, eligible departing employees will have access to a $10,000 grant through a newly launched Canva Collective Fund. Perkins acknowledged the personal impact on those leaving, while maintaining that the changes were essential for the decade ahead.