Canva revenue flatlines at $3.69B, weighs cutting up to 20% of workforce

gaganghotra_ · x · 2026-11-03

Per confidential internal data obtained by AFR, Canva ($31B valuation) has flatlined: annualized revenue sat at US$3.69B in late October, unchanged from the start of the year, while active users decline. Senior leadership and HR met to deliberate layoffs of up to 20% of staff.

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