Canva restructuring affects 22% of staff, with some losing their jobs

Some of the 1,271 employees affected by Canva’s restructuring will lose their jobs; others will see their roles change or be asked to relocate. The company cut its 2026 revenue growth forecast from 30% to 20% in August. Perkins’ plan brings Product, Growth and Platform into one organization and makes Sydney the primary home for more product teams.