Friday, 24 March, 2023

In the wake of the pandemic, Shopify cuts 10% of its workforce

<p>Shopify is firing 1,000 people or around 10% of its staff. Employees were informed that layoffs are required because customers are reducing their online orders and reverting to previous shopping practices. The company&#39;s downsizing marks the first significant reduction in staff since Shopify&#39;s inception in 2006. The laid-off workers will receive 16 weeks of severance pay from Shopify plus an additional week for each year of employment.</p>