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MarketsFortuneFiled 24 h ago

‘A master class in how to handle layoffs’: Canva is restructuring 22% of its workforce, and LinkedIn is applauding the exit package

Open the sourceReported by Fortune, fortune.com, 6 November 2026, by Bilin Lin
Impact 60 of 100, notable

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The note drew praise on LinkedIn, where observers called the approach a model for handling layoffs. The move adds the Australian design-software company to a wave of tech-sector restructurings aimed at trimming costs. The size of the reduction and the generosity of the package are the key details to watch as other firms weigh similar cuts.

Muhabbit's AI wrote this summary in its own words from Fortune's report. It can get details wrong, so check the source.

Named in this story

Canva, Melanie Perkins, LinkedIn