Shopify is 20 percent smaller

Thursday, May 4, 2023 at 8:52AM
Nicole Batac in Layoffs, News, Press release, Retail News, Shopify

Photo: Shopify

Shopify is downsizing further. This time, it cuts around 20 percent of its 11,600 workforce as the company sells Shopify Logistics to Flexport. The company's CEO Tobi Lutke goes into detail about the changes in this blog post. Last year, the company laid off around 1,000 employees.

Article originally appeared on Reviews, News and Opinion with a Canadian Perspective (https://www.canadianreviewer.com/).