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Shopify Lays Off 10% of Staff as Pandemic Bubble Bursts

Adweek Feed Shopify Lays Off 10% of Staff as Pandemic Bubble Bursts

Ecommerce platform Shopify has laid off 10% of its global workforce, with its chief executive telling staff in a memo the business made the "wrong bet" on how long a pandemic-fueled surge in online shopping would continue. The Canadian company reported 10,000 employees at the end of 2021 in a securities filing. By the end...

Posted by:Adweek Feed
Posted on:  7/27/2022

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