Shopify changes earnings call time as employees brace for layoffs

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Shopify will release earnings earlier than planned as employees ready themselves for more layoffs

It now plans to report earnings before the markets open. Shopify has moved up the timing of its quarterly earnings call asWhile the company was originally scheduled to report earnings after markets closed on Thursday, it now plans to report before they open, at 8:30 a.m. ET. ShopifyA company representative did not immediately return Insider's request for further comment.

Fear has been growing among employees that Shopify plans to lay off workers within the next several days. Employees said that the company has canceled a number of upcomingThe results of the company's latest performance reviews are also due early next month, according to several employees. Company leadership that it planned to change how it evaluated employees' performance.

Shopify has frequently spoken about its goal to build a more efficient and focused organization this year, both in earnings calls

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines