Canva lays off over 1,200 people amid slowing growth

Source: techcrunch November 4, 2026 · 03:59
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Canva is cutting 22% of its staff as it faces its 'hardest year' yet.
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TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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