A Generous Exit: How Canva Cut 22% of Its Workforce

Canva has carried out a large-scale workforce reduction, laying off 1200 employees, which accounts for 22% of the total staff. Despite the scale of the changes, the company implemented the process in a way that drew widespread approval from the professional community.

The severance terms turned out to be generous and include a number of significant benefits for each specialist leaving the company.

• MacBook laptop
• Payment equal to six months' salary
• One-year medical insurance
• One-year LinkedIn Premium subscription
• $10,000 grant to launch a new business