Canva · downsizing
Canva Restructure Affects 1,271 People as Growth Slows
Canva’s restructuring affects 1,271 people, or 22% of its workforce, and is intended to simplify product execution after growth slowed for the first time in a decade; the company has not quantified expected savings or disclosed how many affected people will leave.
What does Canva’s 1,271-person restructuring actually involve?
The figure covers people affected by the restructuring, not 1,271 confirmed redundancies: some employees will have their roles changed or be asked to relocate, while others will leave the company. Canva has not disclosed the breakdown.
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Why is Canva restructuring its workforce?
CEO Melanie Perkins said growth slowed for the first time in a decade and that the existing organisation had become fragmented by narrow responsibilities, overlapping roles and excessive coordination. Canva will combine Product, Growth and Platform into one product organisation, simplify management layers and consolidate more product teams in Sydney.
How could the restructuring affect Canva’s business?
The changes are intended to reduce internal handovers, improve accountability and give product teams greater ownership of development priorities, potentially improving execution speed. However, Canva has not disclosed a quantified cost-saving target or demonstrated that the restructuring will restore growth.
What financial commitments has Canva made to departing employees?
Departing employees will receive at least six months of salary, inclusive of statutory entitlements, alongside healthcare, wellbeing and career support. Canva has also announced US$10,000 grants for departing employees pursuing business or community projects, but has not disclosed the total restructuring cost.
What happens next at Canva?
Canva plans individual meetings with affected employees, with organisational leaders expected to communicate further team changes by the end of the week. A company-wide meeting is scheduled for November 10, 2026, followed by organisational meetings beginning November 11.
Sources
- Canva — An important update on our team
- Reuters — Australia's Canva to restructure, affecting 22% of workforce
Original signal: Reuters ↗
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