Shopify cuts 20% of staff, sells logistics arm of business

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Shopify is cutting 20% of staff and selling the logistics arm of its business

The layoffs follow a series of quiet firings affecting employees in departments including talent acquisition. In March, who were set to join the company this summer and fall.

earlier in 2023 said Shopify would hire fewer people this year. It said it would employ targeted,"unorthodox" strategies to find the"very best people in their respective craft" as it prioritized efficiency.classify employees as either managers or"crafters,"

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