# Canva cuts 22% of staff as growth slows

> Design software maker Canva is laying off 1,271 people and restructuring teams as its growth rate falls for the first time in a decade.
- Title: Canva cuts 22% of staff as growth slows · TechCrunch
- Summary: Design software maker Canva is laying off 1,271 people and restructuring teams as its growth rate falls for the first time in a decade. Canva laid off 1,271…
- Keywords: canva, layoffs, tech industry, growth slowdown, ai costs, melanie perkins, TechCrunch
- Source: TechCrunch — https://techcrunch.com/2026/11/04/canva-lays-off-over-1200-people-amid-slowing-growth
- Author: Ivan Mehta
- Published: 2026-11-04T11:59:00+00:00
- Read time: 1 min
- Topics: canva, layoffs, tech industry, growth slowdown, ai costs, melanie perkins, technology, startups
## Canva cuts 1,271 jobs
Design software maker Canva is laying off 1,271 people, representing 22% of its workforce, amid a significant slowdown in growth.
## Growth slowed for first time
CEO Melanie Perkins said this has been Canva's hardest year yet, with growth slowing for the first time in a decade.

> our growth has slowed for the first time in a decade
## Restructuring and hybrid work
Canva is merging product, growth and platform teams to reduce communication friction and moving to hybrid work requiring office days weekly.
## Revenue forecast cut sharply
Rising AI costs forced Canva to cut its revenue growth forecast to 20% from 30%, leading early investors to reduce the company's valuation to about 35 billion dollars.
## Competition from AI tools
Canva faces increasing competition from AI startups and general-purpose chatbots like ChatGPT and Gemini, whose image generation capabilities let users easily create posters and presentations.
## Key takeaway

Canva laid off 1,271 people, 22% of its workforce, citing slowed growth and rising AI costs that forced the company to cut its revenue forecast from 30% to 20%.