What Canva’s layoffs reveal about its AI challenges
· Technology · The Hindu, Indian Express
On November 4, 2026, Canva co-founder and CEO Melanie Perkins acknowledged the layoffs of 1,271 employees, roughly 22% of the workforce, as the hardest moment in the Australian company's 13-year history. The graphic design platform, which counts over 220 million monthly active users across 190 countries, cited slowed growth as the reason for the decision, marking the first deceleration in a decade. The popular service, initially launched as an affordable alternative to Adobe products, has been used by self-taught designers, students, and early professionals since its 2013 launch.
Why it matters
The layoffs affect approximately 22% of Canva's global workforce, impacting employees across its international operations as the company confronts its first growth slowdown since founding.
Read the original report — The Hindu
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