Inc. says it will reduce its head count by about 20 per cent and sell its logistics business to Flexport, a supply chain management company.
In an open letter, chief executive Tobi Lutke did not quantify how many staff would be departing the company, but before Shopify laid off about 1,000 staff last summer it had roughly 10,000 employees.Hootsuite and Shopify lay off thousands of employees
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shopify to reduce workforce by 20%, sell logistics business - BNN BloombergShopify Inc. says it will reduce its head count by about 20 per cent and sell its logistics business to Flexport, a supply chain management company.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Shopify to cut 20% of global work force, sell logistics operationsChief executive officer Tobias Lutke will outline the job cuts in a memo to staff ahead of the company’s quarterly earnings report
Source: globeandmail - 🏆 5. / 92 Read more »
Shopify to reduce workforce by 20 per cent, sell logistics businessShopify Inc. says it will reduce its head count by about 20 per cent and sell its logistics business to Flexport, a supply chain management company.
Source: CP24 - 🏆 30. / 67 Read more »
Tim Hortons parent Restaurant Brands tops earnings estimates as sales surge - National | Globalnews.caRestaurant Brands International Inc. reported a first-quarter profit of US$277 million, up from US$270 million a year earlier, as its revenue also climbed higher.
Source: GlobalNational - 🏆 81. / 51 Read more »