Thursday, 5 November

Thursday, 5 November, 2026

The Golden Good-bye: How Canva’s Generous Severance Package Sets a New HR Benchmark

By TechShots Studio
The Golden Good-bye: How Canva’s Generous Severance Package Sets a New HR Benchmark
Canva is cutting 1,271 roles (22% of its workforce) due to slowing growth. However, its unusually generous exit package stands out. Affected staff receive a minimum of six months’ salary, continued healthcare, career coaching, one year of LinkedIn Premium, and their company-issued MacBooks. Departing employees can also apply for $10,000 equity-free grants to fund new business ventures.

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