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Canva Cuts 22 Per Cent of Staff in First Redundancy Round in 13-Year History
Updated Nov 4, 2026 – 8.30am, first published at 7.58am Design software giant Canva has made the first-ever round of job cuts in its
Updated Nov 4, 2026 – 8.30am, first published at 7.58am Design software giant Canva has made the first-ever round of job cuts in its 13-year history, a huge swingeing redundancy round it says it required to get back to its roots as a small tech start-up. It comes as the $US31 billion company, one of Australia’s most valuable tech start-ups, battles to retain relevance in the face of heightened competition for large artificial intelligence models.
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Canva Cuts 22 Per Cent of Staff in First Redundancy Round in 13-Year History
Design software giant Canva has made its first-ever round of job cuts in its 13-year history. The company says 22 per cent of its staff will lose their jobs, have their roles changed or be required to relocate. Canva says the cuts are required to get back to its roots as a small tech start-up. The $US31 billion company, one of Australia's most valuable tech start-ups, is battling to retain relevance in the face of heightened competition. The reporting available does not specify how many roles will be eliminated or over what timeframe the changes will take effect.