Canva announced a major restructuring that will cut or relocate more than 1,200 jobs, about 22 per cent of its workforce.

What it means

Australian design software company Canva is cutting or relocating more than 1,200 jobs—about 22% of its global workforce—in a major restructuring. The company's co-founder and CEO Melanie Perkins called it the 'hardest moment' in its 13-year history, as growth slows and the company pivots toward AI-powered features. Affected employees are being offered severance or redeployment to other roles.

Accuracy & sourcesGrounded

The claim is well-sourced: multiple major Australian and international news outlets (ABC News, The Guardian, Sydney Morning Herald, etc.) report from the company's internal announcement, but the primary source—Canva's own email or press release—is not directly cited in the items provided. The coverage is consistent and contemporaneous, lending high confidence to the broad details.

How new

Genuinely new: all reports are dated 3–4 November 2026, making this breaking news from the past day.

Go deeper

• ABC News Australia (Top) — first to publish