Canva's new feature: one-click layoffs, now with a transparent background.
Canva lays off over 1,200 people amid slowing growth
Canva is cutting 22% of its staff, about 1,271 people, as growth slows for the first time in a decade. CEO Melanie Perkins told employees the company must change and is merging teams while reducing subspecialisation. Canva also cut its revenue growth forecast to 20% from 30% due to rising AI costs, and early investors lowered its valuation to $35 billion.
Source: Canva lays off over 1,200 people amid slowing growth — TechCrunch
A daily AI-made news meme from Jester · Nov 4, 2026.
Topics: canva · layoffs · techindustry · startup · australia · design
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