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Shopify cuts 10% of workforce

Canadian ecommerce firm Shopify Inc. is cutting about 10% of its workforce. The Shopify cuts come with acknowledgment from CEO Tobi Lutke that the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off. The Shopify cuts will eliminate about 1,000 jobs out of 10,000 or so total employees at Shopify. […]

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