Canva Lays Off Over 1,200 People Amid Slowing Growth

Canva laid off more than 1,200 people on November 4, 2026, amid slowing growth, according to TechCrunch. The Australian design platform, used by millions of people and businesses to create graphics, presentations, and documents, cut a significant share of its workforce as demand cooled after years of rapid expansion. The layoffs are the latest sign that even large, well-known tech companies are tightening costs as growth slows and investors push for profitability. Affected employees face a difficult job market across the tech industry.

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