Particle.news
Get it on Google Play
Download on the App Store
38 ARTICLES
·
5h ago

Canva Restructures, Impacting 1,271 Employees

Slowed growth plus rising technology costs prompted Canva to centralise product work in Sydney, offer extended severance, relocate some roles, tighten in‑office expectations.

A general view of the Canva headquarters after the Australian graphic design platform said it would slash 1,271 jobs in Melbourne, Australia,
Employees work at the Canva Inc. headquarters in Sydney, Australia.
Canva has announced a major restructuring that will impact 22% of its workforce.
Image

Overview

  • Canva announced the overhaul on Wednesday, Nov. 4, 2026, saying 1,271 people, or about 22% of its global workforce, will face layoffs, role changes or relocation requests.
  • The company will merge Product, Growth and Platform into a single Product organisation, flatten management layers and make Sydney the primary hub for more product teams, with most hybrid staff expected in the office two to three days a week from January 2027.
  • Departing and affected employees will receive a package that includes at least six months' pay, 12 months of healthcare where provided, one-on-one career coaching, a year of LinkedIn Premium, the right to keep company laptops and access to US$10,000 grants through a new fund.
  • Canva has not said how many of the 1,271 roles will be outright cuts versus relocations or changed roles, and it has scheduled an all‑hands for Nov. 10 to give staff further details.
  • The move follows an August downgrade to 2026 revenue growth guidance and investor valuation markdowns, and companies and analysts say rising costs to build and run new technology features, including AI, are reshaping staffing and product priorities across the tech sector.