Design platform Canva has announced a major restructuring, with 1,271 employees, representing 22 per cent of its global workforce, set to be affected by job cuts and relocation plans.
CEO and co-founder Melanie Perkins informed employees about the decision in an internal email on November 4, describing it as the “hardest moment” in the company’s 13-year history.
Perkins said Canva had experienced its hardest year yet, with growth slowing for the first time in a decade. The company had also lowered its projected revenue growth for 2026 from 30 per cent to 20 per cent.
As part of the restructuring, Canva plans to merge its Product, Growth and Platform teams into a single Product organisation, reduce specialised roles and management layers, and bring teams closer together.
Some employees will be asked to relocate to centralised hubs, with Sydney becoming the primary base for more product teams.
Most hybrid employees will also be expected to work from offices around two to three days a week from January.
Employees leaving the company will receive at least six months’ salary, 12 months of healthcare coverage where available, career coaching and other support.
Canva will also offer $10,000 grants to departing employees interested in starting businesses or community projects.
The restructuring comes as Canva adapts its operations amid growing competition and the increasing use of artificial intelligence in the design industry.
