In brief
Canva will reduce its workforce by 1,271 people, about 22%, following a restructure that merges product, growth and platform teams into a single product organization with Sydney as the main hub. The move comes after the company downgraded its 2026 revenue forecast and is said to position Canva for future AI‑related products.
On Wednesday, Australian digital design giant Canva announced that 1,271 employees—about 22% of its workforce—will be impacted by a major restructure that aims to streamline operations amid slowing growth. The company’s CEO and co‑founder, Melanie Perkins, said the changes will alter roles, move some staff to centralized hubs and may involve other staff departures.
Perkins said, "For some people, this will mean changes to their roles or being asked to relocate to centralized hubs. It will also mean saying goodbye to teammates and friends who have helped build Canva into what it is today."
The restructure will merge Canva’s product, growth and platform teams into a single product organization, with Sydney set to become the primary hub for more product teams. The announcement followed a downgrade of Canva’s 2026 revenue forecast in August, when the company cut growth projections from 30% to 20% and reduced its internal valuation to A$43.9 billion.
While Perkins’ note did not reference artificial intelligence, the Australian Broadcasting Corporation reported that the changes are designed to prepare Canva for developing AI‑related products.
According to BBC News, the restructuring will affect 22% of Canva’s staff, echoing the numbers released by Xinhua and a LinkedIn press release.
