LAYOFF
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.
First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workers
Ha Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another while caring for their newborn baby. With healthcare coverage at risk, the couple faces mounting uncertainty. Her post highlighted the human cost of tech layoffs and called for greater support for affected employees.
Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reduction
Canva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The company aims to consolidate its teams to enhance operational efficiency and clarify ownership. Employees affected by the layoffs will receive a generous severance package, which includes financial support for their future endeavors. Canva will require some staff to relocate to Sydney, where product teams will be centralized.
'One layoff can expose years of poor financial planning': Man earning ₹40 lakh LPA gets laid off, reveals ₹2 crore home loan, ₹30 lakh personal loan and pending car EMIs
After losing a job with a salary of ₹40 lakh per annum, a man faces severe financial stress. He has ongoing loans, including a ₹2 crore home loan and a ₹30 lakh personal loan. With a baby on the way and just two months of savings left, he struggles to meet the demands. Although he received job offers at half his previous salary, he is uncertain about accepting them.
Canva layoffs: Employee's ‘four-year journey came to an unexpected end’ after job loss and shares an emotional post after layoff
Monica Gonzalez Castro, a former Operations Business Partner at Canva, was among the 1,200-plus employees affected by layoffs. Sharing an emotional LinkedIn post, she reflected on her four-year journey, thanked her colleagues and mentors, and described the experience as deeply rewarding. She also announced that she is looking for her next professional opportunity.
Canva layoffs: Top manager feels ‘deja vu’, urges colleagues to ‘to be kind’ after 1,271 job cuts
Canva employee Artemi Ollin says the company's decision to cut 1,271 jobs feels like “déjà vu” after he experienced layoffs at Google. In a LinkedIn post, he urged affected colleagues to prioritise their wellbeing and encouraged remaining employees to offer support through referrals, recommendations or simply a kind word. Canva is restructuring after growth slowed.
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Canva to cut about 22% of staff as growth slowdown triggers restructuring
Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.
Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signing
Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.
US job openings increase sharply by 333,000 in September
In September, the US saw a notable increase in job openings, showing a rise of 333,000. Layoffs fell to 1.641 million, providing evidence of a resilient labor market. Hiring activities also increased, reflecting a hires rate rise from previous months. However, concerns regarding the ongoing US-Israeli conflict with Iran may be impacting hiring decisions. Economists maintain that the labor market remains characterized by stable demand and low layoffs.
Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?
Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering voluntary buyouts to nearly 60,000 employees. The company expects up to 3,000 employees to accept the exit offer as it prepares to spend $175 billion on capital expenditure in 2026.
Disney weighs sweeping layoffs, with thousands of jobs at risk as CEO Josh D'Amaro targets 20% cost cuts
Walt Disney is reportedly considering cutting thousands of jobs as part of a cost-saving restructuring initiative. The company's leadership has requested managers to identify 20% in annual cost savings. This decision follows challenges including reduced box office revenue and increased competition in streaming. Disney aims to reallocate some of the savings into film, TV programming, and theme park ventures.
Canva may announce another round of layoffs in November, report claims; hiring freeze also possible
Canva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the technical content department. Although user growth surged in 2025, the company has drastically revised its revenue forecasts for 2026. CEO Melanie Perkins noted that projections have not met earlier expectations but underscored their commitment to an AI-driven strategy.
Hello Sunshine Layoff: 30 employees sacked after reacquisition by Reese Witherspoon and French media company Mediawan
Around 30 employees have been laid off from Hello Sunshine after its reacquisition by Reese Witherspoon and French media company Mediawan. The company will now be restructured to focus on film and TV production, Reese's Book Club, digital marketing and partnerships. This follows a number of financial difficulties and staff cuts at the company.
Biggest threat to middle-class is not layoffs, market crash or inflation: Gujarat CA reveals one thing quietly making all three worse
A chartered accountant has warned that biggets threat to middle class in the next few year is not layoffs, market crash or inflation. He has said that excessive lifestyle EMIs could become a major financial threat to India's middle class. From smartphones and holidays to personal loans, rising monthly repayments can leave households vulnerable to layoffs, market crashes and inflation.
Singapore layoffs hit highest level since 2020 in third quarter
Singapore recorded 4,800 retrenchments in the third quarter of 2026, the highest level since late 2020 during the Covid-19 pandemic. The rise, driven by business reorganisations, came despite overall employment growth of 27,700 during the quarter. The Ministry of Manpower flagged emerging weaknesses in parts of the labour market, with more companies indicating plans to retrench employees over the next three months.
Layoffs pushed Renee Rubens to rethink her career. She turned tea gifts into a business bringing in up to $30,000 a month
Renee Rubens turned her interest in premium loose-leaf tea into Symphony of Leaves Tea Company after years in corporate media sales and three career layoffs. She started by gifting tea to friends and built the business without loans. The company now brings in a reported $15,000 to $30,000 a month, though tariffs and supplier challenges continue to put pressure on the business.
Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer period
OpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated career trends. Amid layoffs and concerns over AI replacing jobs, he believes technological disruption could create opportunities for entrepreneurs and professionals willing to adapt.
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?
Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact 3% to 6% of the workforce in India and similar proportions worldwide, aims to boost performance and tackle unmet expectations. Amid challenges in the consumer electronics sector, the company is shifting focus towards expansion in data centers and AI technologies for stronger business diversification.
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big Tech
Amazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to streamline operations and align staffing with product priorities. The latest layoffs add to more than 31,000 job cuts announced across several rounds since October 2025, including reductions in its retail business. The move comes amid wider workforce changes at tech giants such as Microsoft, Netflix and Oracle, as companies reassess costs and investment priorities.
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unit
Amazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cut around 1,000 positions from its core retail sector. These reductions aim to enhance operational efficiency and align with future product strategies. Meanwhile, both Microsoft and Dropbox have joined the trend, recently announcing their own workforce cuts amidst a tech industry facing widespread layoffs in 2026.
'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memo
Dropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams in engineering, product, and administration, resulting in several employees leaving immediately. On November 18, Chief Technology Officer Ali Dasdan will also resign. Employees impacted by the layoffs will receive severance packages including financial support, while the company aims to enhance operations and customer service effectiveness.
Dropbox announces reduction of global workforce by about 9%
In a significant move, Dropbox Inc will reduce its global workforce by roughly 9%, expecting to incur extra costs of $20 million to $25 million. The cash costs linked to this workforce cut are estimated to be between $27 million and $33 million.
Innodata layoffs: AI data services company fires 550 employees in India
Around lunchtime on Monday, employees began losing access to company systems and received termination emails on their personal accounts, the report said.
Bill Gates says next 20 years to be the most tumultuous in human history as Microsoft announces buyouts to 60,000 employees
Microsoft Layoffs: Bill Gates has warned that the next 20 years could be among the most tumultuous periods in human history as artificial intelligence and robots transform jobs and industries. The Microsoft co-founder believes AI could eventually create widespread abundance, but the transition may lead to job losses, economic uncertainty and a crisis of purpose for many workers. He has suggested shorter working hours, earlier retirement and selective AI adoption as possible ways to manage the disruption.
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?
Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer includes severance benefits based on length of service and internal level. Employees have until the first week of December 2026 to accept the programme. Microsoft clarified that this initiative does not replace potential layoffs in the future. The company aims to adjust its workforce as business conditions evolve.
Amid layoff news, how 7 million oysters saved 1,000 jobs and environment in US
More than 7 million oysters have helped protect over 1,000 aquaculture and related jobs in the US while supporting marine conservation. The Supporting Oyster Aquaculture and Restoration (SOAR) programme was launched in 2020 after the COVID-19 pandemic left oyster farmers with large quantities of unsold shellfish. According to The Pew Charitable Trusts, the initiative has purchased oysters from over 150 growers, supported 35 restoration sites across eight US states and helped restore more than 60 acres of native oyster reefs.
No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employees
As Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says businesses should look for savings beyond job cuts. Torani says it has never laid off workers, including during the pandemic, when revenue fell 20% in a single month.
'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for advice
A Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ends. With nearly a decade at the company, plans for another child and concerns about layoffs and remote job opportunities, she sought advice online. Respondents discussed severance, savings, job searches and the risks of staying.
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workers
Microsoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Canada and the UK, with reports suggesting around 60,000 workers could qualify. The programme allows employees to leave voluntarily with financial support, unlike layoffs, where the company decides to cut jobs. The move comes as Microsoft ramps up AI investments while managing workforce costs.
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