Canva's growth slows for first time in a decade; 22% of staff affected
rohanpaul_ai · x · 2026-11-04
Bloomberg reports that Canva's growth slowed for the first time in a decade. Its response affects 1,271 people — 22% of staff — through layoffs, role changes or relocation.
Notably, AI was not named as a cause of the slowdown; the overhaul is reportedly meant to equip Canva to build AI products rather than automate departing staff's work. Cost constrains that plan: Canva has already delayed several AI launches due to resource limits.
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