Business · Companies · 1 day ago

Canva offers affected staff six months’ salary in restructuring

Canva offers affected staff six months’ salary in restructuring

Canva is laying off or otherwise affecting 1,271 employees, equal to 22% of its workforce.

The Australian design platform said the cuts are part of a major overhaul of its structure, team locations and future roles.

Affected employees will receive at least six months’ salary, including statutory entitlements, and 12 months of healthcare where Canva provides it.

The company is also offering career coaching, interview and résumé help, and a year of LinkedIn Premium.

Departing staff can keep their Canva MacBooks and can apply for US$10,000 grants to start businesses or support local communities, without giving Canva ownership.

The package has drawn praise on LinkedIn from users who say it offers financial and practical support during a difficult transition.

Canva has also removed the one-year vesting cliff for employees who joined within the past year.

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What people are saying

LinkedIn userUser commenting on the package
Canva just showed us that even job cuts can be handled with empathy, thoughtfulness and humanity.
via Mint
As a company, you can't always prevent layoffs, but you can always choose to treat people with dignity, kindness, and with respect when they leave,
via Mint
Very tough news but glad you are considering the humanness of your employees- 6 months pay and health insurance will be a life line for so many over the next few months,
via Mint