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BY Sarah Bregel

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Design tech company Canva is doing some major restructuring: The move will impact about 1,200 employees, or roughly 22% of its staff. But the company’s also getting attention for how it’s treating the newly terminated employees.

On Tuesday, CEO Melanie Perkins announced the news in a post on LinkedIn. She also shared a letter that laid out a generous severance package that’s being fawned over on social media.

The letter explained that all terminated employees would receive six months of salary, regardless of location. The Sydney-based company also said it will remove the one-year vesting cliff for those who joined the company within the last year, which means even those who recently joined can walk away with shares in the company.

They will also continue to receive healthcare, plus dedicated career support, resume help, coaching and interview preparation, plus one year of LinkedIn Premium.…