Canva lays off 1,271 employees with 6 months' pay, kept MacBooks and $10K startup grants
santoshpanda · x · 2026-11-04
Canva is cutting 22% of its workforce (1,271 employees), and the CEO's severance package is unusually generous: affected staff keep their company MacBooks, get at least 6 months' salary regardless of location, and the 1-year equity vesting cliff is waived for recent hires. Healthcare continues up to 12 months with a year of family access to Canva Care. Career support includes a year of LinkedIn Premium, 1-on-1 coaching, and resume help, plus a $10,000 Canva Collective Fund grant for those starting their own ventures — with no equity taken.
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