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1 min read

Shopify warns on margins and posts big quarterly loss, sending shares plunging

The e-commerce platform surprised investors after posting the loss for the first quarter and warnin…

Hasan Chowdhury   


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1 min read

Shopify lays off 20% of its workforce, sells logistics biz

E-commerce platform Shopify has announced to lay off 20 per cent of its workforce which will impact…

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3 mins read

Shopify is cutting 20% of staff and selling the logistics arm of its business

Shopify announced Thursday that it would cut 20% of its staff and sell its logistics unit to the su…

Sawdah Bhaimiya,Mary Hanbury,Madeline Stone,Emma Cosgrove   


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Shopify soars 28% on strong earnings and sale of logistics unit, plans to slash headcount

The e-commerce firm said that it sold its logistics business to Flexport, and announced that it wou…

Filip De Mott   


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3 mins read

10 Things in Tech: Shopify's midlife crisis, how to land deals with brands, and Microsoft's former human resources vice president shares advice

In today's edition: OpenAI's compensation system, Google's controversial drag show, and more headli…

Diamond Naga Siu   


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2 mins read

A Shopify employee who lost her job in its mass layoff had 25 offers on LinkedIn just 2 days later

Shopify laid off about 1,000 staff in late July after realizing the pandemic online sales bump had …

Sam Tabahriti   


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3 mins read

10 Things in Tech: Joe Biden has tried ChatGPT, Silicon Valley goes sober, and leaked Shopify audio

In today's edition: Leaked Shopify audio, dating app wants to eradicate ghosting, and more headline…

Diamond Naga Siu   


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3 mins read

How Shopify monitors its employees on Slack

Shopify employees said the company is monitoring Slack conversations — and it's turning the o…

Jordan Parker Erb   


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2 mins read

E-commerce platform Shopify lays off 1,000 employees

E-commerce platform Shopify on Tuesday announced to cut 10 per cent of its workforce -- around 1,00…

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5 mins read

I'm a tech recruiter who helps Black professionals get jobs at companies like Deloitte and Shopify. Here's my advice for getting the salary you deserve.

JupiterHR founder Jermaine Murray has helped more than 360 clients get into tech. He says earning a…

Pauleanna Reid   


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4 mins read

Meta employees are bracing for possible layoffs as growth slows and spending on the metaverse soars

Meta burned $4 billion on the metaverse this quarter and Mark Zuckerberg vowed Wednesday to spend b…

Avery Hartmans   


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3 mins read

Facebook’s parent company Meta is doing layoffs again. But there’s one ‘safe’ team that could actually benefit from the job cuts.

In today's edition: Google is looking less perky, how to watch the Lyrid meteor shower, and more he…

Diamond Naga Siu   


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4 mins read

Layoffs have already started at Elon Musk's Twitter. Here's what we know so far.

Elon Musk began to terminate Twitter staffers. The move came just hours after an email went out tel…

Jordan Parker Erb   


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2 mins read

Shopify sinks 17% on plan to lay off workers as the CEO admits to 'wrong' call about sustainable pandemic-driven growth of online shopping

"Ultimately, placing this bet was my call to make and I got this wrong," Shopify CEO Tobi Lütke wro…

Carla Mozée   


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3 mins read

Sawdah Bhaimiya   


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6 mins read

Why corporate leaders like Mark Zuckerberg, Jack Dorsey, and Evan Spiegel are all apologizing for the massive layoffs at their companies

From Meta's Mark Zuckerberg to Twitter's Jack Dorsey, execs are taking the blame as thousands lose …

Sarah Belle Lin   


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2 mins read

Shopify lays off 10% of global staff, nearly 1,000 employees, as CEO admits that bet about skyrocketing pandemic growth 'didn't pay off'

Shopify announced deep cuts as its growth has slowed after skyrocketing e-commerce growth during th…

Madeline Stone   


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3 mins read

The Stripe founders' memo explaining its layoff plan to employees is a remarkably candid look at why so much of tech is in freefall

The payment software company Stripe is laying off 14% of its workforce. Its memo to employees highl…

Travis Clark   


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5 mins read

Trump is a convicted felon. Here's what it means for the former president.

Trump's sentencing is scheduled for July 11, where he could face up to four years in prison, but do…

Dan DeFrancesco