Ottawa-based Shopify said Thursday it is laying off 20 per cent of its employees and selling its logistics business to California-based supply chain management company
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Harley Finkelstein
Shopify stock surges after firm announces plans to cut workforce by 20% and sell logistics business
Ottawa-based Shopify announced the moves Thursday morning and positioned them as a way to help it focus on its main goal: making commerce easier.
Ottawa software firm Rewind lays off more than 25% of staff
Amid slowing revenue growth, local tech enterprise whose platform backs up data for Shopify merchants and other customers gave 37 of its 135 employees pink
‘No cuts coming’: Shopify president says company has no plans for another layoff
As tech companies carry out rounds of layoffs, Shopify Inc.’s president says there are no more cuts in the works for the Ottawa-based e-commerce company.
UPDATED: Shopify reports $623.6-million net loss in Q4, revenue up 26%
The result for the period ended Dec. 31 amounted to a net loss of 49 cents per diluted share compared with 30 cents per diluted
Shopify launches new shopping, shipping tools in semi-annual product showcase
The latest batch of the Ottawa-based firm’s updates come as its stock price remains in a slump and as it charts a new future after
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