Canva lays off, relocates over 1,200 employees

Canva has announced a major restructuring for the first time in its 13-year history, impacting 1,271 employees, or 22% of its workforce. While some employees will be laid off, others will be asked to relocate or change roles. CEO Melanie Perkins called 2026 the company's "hardest year" as AI tools pose growing competition for the graphic design platform.