Memo: Shopify plans to cut around 1,000 workers, or 10% of its global workforce, citing consumers pulling back from online shopping; SHOP drops 14%+ (Vipal Monga/Wall Street Journal)

By Petra Löwer on July 26, 2022

[ad_1]

Vipal Monga / Wall Street Journal:

Memo: Shopify plans to cut around 1,000 workers, or 10% of its global workforce, citing consumers pulling back from online shopping; SHOP drops 14%+ — CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth lasting — Shopify Inc. SHOP -1.71%&#9660 …

[ad_2]

Source link

Comments (0)