Canva restructure affects 1,271 roles (22% of staff) as growth slows for first time in a decade
dotey · x · 2026-11-04
Canva CEO Melanie Perkins announced a restructure affecting 1,271 roles — about 22% of its 5,800 workforce — calling it "the toughest moment in our 13-year history." The count includes transfers and relocations; actual layoff numbers weren't disclosed.
- Cause: growth slowed for the first time in a decade; revenue growth forecast cut from 30% to 20%
- Changes: product, growth and platform teams merge into one product org with fewer management layers; Sydney becomes the main hub; hybrid staff back in office 2-3 days/week from January
- Severance: at least 6 months' pay globally, 12 months extended health coverage, keep the MacBook, plus a $10,000 fund per person for those starting ventures
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