Business · 2 hours ago
Canva cutting 1,271 jobs, but leavers get six months' pay and keep their MacBooks
Photo by Matheus Bertelli on Pexels
Canva, the Australian design software firm, is cutting about 22% of its staff after experiencing its first decade-long period of decelerated growth. Chief executive Melanie Perkins announced it on 4 November, though some of the 1,271 affected staff will be moved or relocated instead. Leavers also get 12 months of health cover where offered, plus $10,000 grants to start businesses, with no equity taken.
Reported by coinpaper.com · How we write briefs