Canva, the Australian design software company, says its restructuring will affect 1,271 employees—about 22% of its workforce—through layoffs, role changes or relocation. Co-founder and CEO Melanie Perkins announced the changes Nov. 3. The company has not disclosed how many people will lose their jobs. Canva said its growth slowed for the first time in a decade [bbc.co.uk][techcrunch.com][foxbusiness.com]. The company will combine its product, growth and platform teams, reduce management layers and broaden some specialized roles. Sydney will become the main base for more product teams, and most hybrid employees are expected to work in offices two to three days a week starting in January 2027. Perkins said new technology is changing what customers create and expect from software. Canva also faces rising costs for artificial intelligence (AI) features and competition from AI tools that can generate designs [neowin.net][fastcompany.com][techcrunch.com][bbc.co.uk]. Departing employees will receive at least six months’ salary, 12 months of health coverage where Canva provides it, and career assistance. Canva will also offer eligible departing staff $10,000 grants for business or community projects; applications close Dec. 14. The company has scheduled a companywide staff meeting for Nov. 10 to discuss the restructuring and its plans [siliconrepublic.com][vc.ru][foxbusiness.com]. Highlights: • Investor outlook: Canva cut its 2026 revenue-growth forecast to 20% from 30% in August, while its largest venture backer, Blackbird, reduced its valuation estimate by 17% [techcrunch.com][thesharpdaily.com]. • AI development: Canva had 120 AI researchers developing in-house models as of September [techradar.com]. • User scale: By the end of 2025, Canva had more than 265 million monthly active users and more than 31 million paying customers [fastcompany.com]. • Departure package: Canva will waive the one-year vesting cliff for employees hired in the past year and let departing staff keep their MacBooks [fastcompany.com][neowin.net]. • Earlier cuts: Before this restructuring, Canva eliminated 10 of its 12 technical-writer jobs in 2025 and cut 32 finance roles earlier in 2026 [thesharpdaily.com]. Perspectives: Melanie Perkins, Canva co-founder and CEO: Perkins said Canva’s spending on AI features had outpaced its ability to handle requests economically. The company slowed some product rollouts while rebuilding its architecture and reducing costs per task [fastcompany.com]. (Fast Company) Blackbird Ventures, Canva’s largest venture backer: Blackbird, which owns about 10% of Canva, backed the restructuring, according to reporting on the workforce changes [thesharpdaily.com]. (The Sharp Daily) "Yet success in our first chapter doesn’t guarantee success in the next." — Melanie Perkins, Canva co-founder and CEO Sources: • Canva announces major job cuts and restructuring of its workforce - siliconrepublic.com • Canva cutting 22% of workforce in major restructuring and shifting primary product hub - neowin.net • Canva To Cut Or Relocate 22% of Global Workforce - slashdot.org • Canva reveals major restructuring potentially affecting over a thousand jobs - techradar.com • Canva lays off over 1,200 people amid slowing growth - techcrunch.com • Canva Announces Layoffs in Restructure Affecting 1,271 Workers - techrepublic.com • Canva Is Cutting 22% of Its Workforce as Growth Slows - androidheadlines.com • Canva’s restructuring affects more than 1,200 people. But its severance package is earning praise - fastcompany.com • Canva’s big layoffs say a lot about the AI design landscape - fastcompany.com • Canva Announces Layoffs, Job Changes for About 22% of Workforce - deccanchronicle.com • Canva to cut 22% of its workforce as growth slows for the first time in a decade - thesharpdaily.com • Canva announces workforce changes affecting over 1K employees - gmanetwork.com • Canva announces layoffs as part of restructuring impacting 1,200+ people - kron4.com • Canva restructuring to reduce workforce - manilatimes.net • Canva to restructure operations, affecting 22% of workforce as growth slows - foxbusiness.com • Canva ปลดพนักงาน 22% ยอมรับบริษัทเติบโตช้าลง จากผลกระทบของ AI - blognone.com • Canva restructures workforce, affecting 1,271 employees globally - nairametrics.com • Australian design company Canva restructure to impact 22 pct of workforce - sydneysun.com • Canva zwolni ponad 1,2 tys. osób. Wielka restrukturyzacja giganta - pb.pl • Canva anunță o restructurare care va afecta 22% dintre angajați - ziarulnational.md • Canva announces major job cuts after 'our hardest year yet' - bbc.co.uk • Canva Layoffs 2026: 1,271 Employees Face Job Cuts, Role Changes And Relocation - news18.com • Canva ukida više od 1.200 radnih mjesta i provodi veliku reorganizaciju - bug.hr • Australia’s Canva to Restructure, Affecting 22% of Workforce - aawsat.com • Canva: Umstrukturierung und Stellenabbau - heise.de • Jedna od najpoznatijih tehnoloških kompanija reže troškove, dio zaposlenika ostaje bez posla - n1info.hr • «Технологии меняют представление о том, что и как люди могут создавать и чего ждут от продуктов»: Canva объявила о сокращении штата, не упомянув ИИ напрямую - vc.ru --- 📰 Story aggregated by Kagi News