The Varosity AI GTM Report — Nov 04: Canva's Restructuring Hits 22% of Staff as Growth Slows

Wednesday, November 4, 2026. Canva's restructuring hit 22% of its staff as its growth slowed for the first time in a decade. Figma beat expectations while giving away more AI credits, and its shares fell anyway. HubSpot's fourth-quarter outlook disappointed, Uber counted just four rides booked by AI agents in its Halloween week, Apple is reportedly capping employee AI spending, and Meta and OpenAI each bought into the agent tooling layer. Jack King on what each one means for revenue and go-to-market teams. Today's stories: Canva's restructuring affects 1,271 people, or 22% of staff : reported as job cuts by TechCrunch; The Desk notes Canva hasn't said how many are leaving. Growth forecast cut from 30% to 20% to absorb AI costs. TechCrunch · The Desk Figma beats, gives away more AI credits, and falls about 7% after hours : revenue of $391.4 million, up about 43%. CNBC HubSpot's revenue grows 17%, but it guides to 12% : fourth-quarter revenue of $945 million to $947 million, against a consensus near $965 million. HubSpot 8-K · Yahoo Finance Uber counts four rides from AI agents in its Halloween week : plus about 500 Uber Eats orders, out of around 320 million trips and orders. Shopify reports AI traffic up 2.6x and orders up 3.3x, on small volume. TechCrunch · Uber call transcript · Music Ally Apple reportedly cuts daily AI spending caps : from $300 to $200 for some engineers, with lower limits under consideration. Bloomberg · TechCrunch Meta buys Conductor and OpenAI moves to buy Pierre : two deals for the tools AI agents work in. TechCrunch · SiliconANGLE AI disclosure: this episode is AI-written and voiced by an AI host (Jack King) on Varosity.ai. Sponsored by Varosity.ai — one API and MCP server for 60+ AI video, image, voice and music models, every one at the provider's list price with no markup. Plans from $12/month or top up from $5; free daily credits to start. Connect your agent: https://varosity.ai/connect · Pricing: https://varosity.ai/pricing