Canva is restructuring in a way that affects 1,271 people, or 22% of the company. Some staff will lose their jobs, others will change roles and some will be asked to relocate. Co-founder and chief executive Melanie Perkins announced the changes in a note to staff on Wednesday, which Canva published.
“This is without doubt the hardest moment in our thirteen-year history,” Perkins wrote.
The note does not say how many of the 1,271 will lose their jobs. It is Canva’s first round of job cuts since its founding in 2013, Tiffany Li reported for The Information .
Why Canva says it is changing
Perkins said the company’s growth had slowed for the first time in a decade. In August, Canva cut its 2026 revenue growth forecast from 30% to 20%, the Australian Financial Review reported.…