Wednesday, 4 November, 2026
Refounding the Giant: Canva Cuts 22% of Workforce Amid First Growth Slowdown
By TechShots Studio
Australian design software giant Canva is cutting 1,271 jobs—about 22% of its global workforce—in a sweeping structural overhaul. Labeling it the hardest moment in the company's 13-year history, CEO Melanie Perkins cited a decade-first slowdown in growth and rapid industry shifts driven by AI. The restructuring will consolidate product teams, alter roles, and shift operations back toward streamlined, localized hubs.
Read full story at REUTERS