Canva lays off 1,271 employees, 22% of its staff, as growth slows

TechnologyInternationalTechCrunchNov 4, 2026, 6:59 AMAI summary

Design software company Canva is cutting 22% of its staff, amounting to 1,271 people, amid a growth slowdown. Co-founder and CEO Melanie Perkins said in a note to employees that growth slowed for the first time in a decade and that this has been its hardest year. Canva is reorganizing its product, growth and platform teams, reducing "subspecialisation" and moving toward hybrid work. It also cut its revenue growth forecast to 20% from 30% due to rising AI costs.

In 35 seconds

Canva is eliminating 1,271 jobs, 22% of its staff, amid slowing growth.
CEO Melanie Perkins said growth slowed for the first time in a decade.
The company is merging its product, growth and platform teams and reducing subspecialisation.

Read the full story at TechCrunch

IASummary generated by artificial intelligence from a story by TechCrunch. It may contain errors: the original source prevails.

Canva
despidos
software
inteligencia artificial
startups

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Canva lays off 1,271 employees, 22% of its staff, as growth slows

In 35 seconds

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Keep reading

Colombia's beer industry bets on water efficiency and technology to cut its water use

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