Canva Layoffs: Six Months’ Salary and MacBooks

Canva has announced plans to lay off approximately 1,271 employees as part of a major organisational restructuring that will reduce its workforce by around 22%. The company says the changes are intended to consolidate teams, improve operational efficiency and establish clearer ownership across the business.

Alongside the workforce reduction, Canva has outlined a severance package designed to provide financial and career support to employees leaving the company. The benefits include at least six months of salary, continued healthcare coverage in eligible countries, career coaching and the option to keep company-issued MacBooks.

The restructuring will also involve changes to the company’s team structure. Some employees will be required to relocate to Sydney as Canva plans to centralise its product teams there.

Canva Layoffs: What Is Included in the Severance Package?

Canva has outlined several benefits for employees affected by the Layoffs. The package combines financial assistance, healthcare support and resources to help departing workers find new opportunities.

• At least six months of salary: Every affected employee will receive a minimum of six months’ salary, inclusive of statutory entitlements, regardless of their location.
• Changes to equity vesting: Canva will remove the one-year vesting cliff for employees who joined the company within the past year.
• Continued healthcare coverage: Employees will receive 12 months of continued healthcare coverage in countries where Canva currently provides this benefit.
• Canva Care support: Departing employees will receive 12 months of Canva Care, the company’s employee assistance programme. The coverage will also extend to family members.
• Career transition assistance: The company will provide dedicated career support, including one-on-one coaching, interview preparation and one year of LinkedIn Premium.
• Alumni talent directory: Employees will have the option to join an alumni talent directory, allowing them to remain connected with the wider professional network.
• Keeping company MacBooks: Employees leaving Canva will be allowed to keep their Canva-issued MacBooks. The company said it recognised that not everyone has a personal laptop.

Canva Layoffs: Why Is the Company Restructuring?

Canva says the restructuring is aimed at bringing teams together, improving operational efficiency and making responsibilities clearer across the organisation. The company is also planning to centralise its product teams in Sydney, which means some employees will be asked to relocate.

The planned reduction of approximately 1,271 positions represents around 22% of Canva’s workforce. The changes mark a significant organisational shift for the design platform as it reviews how its teams are structured and how product development is managed.

Canva Layoffs: What Support Will Employees Receive After Leaving?

The severance arrangements extend beyond salary payments. Continued healthcare coverage, access to Canva Care and career transition services are intended to give affected employees additional support during the move to new Employment.

The one-year LinkedIn Premium subscription and interview preparation assistance could also help departing workers with their job searches. Meanwhile, the optional alumni talent directory offers another way for former employees to maintain professional connections.

Canva Layoffs: What Is the Deadline to Apply for the Benefits?

Canva’s announcement outlines the benefits available to affected employees but does not specify a deadline for applying for them. Employees should refer to the official communication from the company or contact their HR representatives for details about eligibility, benefit activation and any applicable timelines.

The company has not provided further details in the supplied announcement about the application process for individual benefits or the schedule for completing the workforce reduction.