Shopify to cut 20 per cent of workforce, sell off logistics business

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Ottawa’s Shopify Inc. announced a major cut to its workforce Thursday, and said it was selling its logistics operation to San Francisco\u002Dbased Flexport.

Ottawa’s Shopify Inc. announced a major cut to its workforce Thursday, and said it was selling its logistics operation to San Francisco-based Flexport.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office.

Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on.SUBSCRIBE TO UNLOCK MORE ARTICLESExclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office.Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on.

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Shopify to reduce workforce by 20%, sell logistics businessThe Ottawa\u002Dbased e\u002Dcommerce company positioned the moves as a way to help it focus on its main quest to make commerce easier.
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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.
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