Canva announced a major organizational restructuring, affecting 1,271 employees—about 22% of the company! But the most surprising part was the severance package: • At least six months’ salary • Employees can keep their company-issued MacBooks • An additional 12 months of health coverage in some regions • One year of LinkedIn Premium plus job-search support • Those who want to start a business can apply for a $10,000 grant What’s even more unusual is that Canva won’t ask for any equity, even if employees use the grant to start a new company. Founder Melanie Perkins admitted that the company’s growth has slowed for the first time in a decade, making this one of the most difficult moments in its 13-year history. However, the 1,271 people affected were not all laid off; the figure also includes role changes and relocations. The startup grant requires an application.