# Canva announces major job cuts after ‘our hardest year yet’

- URL: https://talkfuse.com/story/canva-announces-major-job-cuts-after-our-hardest-year-yet/
- Published: 2026-11-04T00:09:35+00:00
- Updated: 2026-11-04T01:02:45+00:00
- Original publisher: BBC Business (publisher lean: Centre)
- Original article: https://www.bbc.co.uk/news/articles/cw77pg7neydmo?at_medium=RSS&at_campaign=rss
- Topics: AI, Business, Companies, Economy, Technology

## Key points

- Canva says 1,271 workers will be affected by its restructuring.
- The changes include job cuts, relocations and role changes.
- Slower growth and AI costs are part of the backdrop.

## Summary

Canva is restructuring its business, affecting 1,271 workers, or 22% of its workforce, through job losses, relocations and role changes. Co-founder and chief executive Melanie Perkins called it the hardest moment in the company’s 13-year history, as Canva faces slower growth and the rapid spread of artificial intelligence.

Sydney will become the main base for more product teams, and hybrid workers are expected to spend two to three days a week in the office from next year. Canva operates in 37 countries; reports say its valuation was reduced from A$60bn to about A$49bn, while the company has also faced rising costs to add AI features to its products.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.