Canva’s severance package includes health care, a company laptop, and a $10,000 grant

Canva recently announced a restructuring affecting over 1,200 employees. With packages offering at least six months of pay, a year of healthcare, and $10,000 grants to start new ventures, the move sparked conversations across the tech world. Fortune Editorial Director Kristin Stoller joins Fortune Daily host Ellie Austin to explain why Canva’s approach could set a new standard for how companies handle layoffs.