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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…
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
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
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,…
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
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
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
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
An ex-Shopify employee used her severance to found a new startup after getting laid off with 1,000 others. Here's why that can be a smart move in a downturn.
Tech firms are slashing thousands of roles to cut costs. This ex-Shopify employee saw being laid of…
Sawdah Bhaimiya
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…
Why remote work is causing a massive shift in salaries around the country
The "Great Salary Convergence" is a phenomenon that's changing how Americans get paid. Also, Elon M…
Jordan Parker Erb
Billionaires and CEOs descended on Beverly Hills to talk recession, bank failures, and more. Here's the inside track.
In Insider Today: The rise of Airbnb "bait-and-switch" scams, an explosion of real-estate "junk fee…
Matt Turner
Walmart lays off 200 corporate employees amid rising inflation
Retail giant Walmart has laid off at least 200 corporate employees as the economic downturn takes i…
Welcome to Salesforce's week from hell.
Employees can't sleep. Managers had to call their employees to see whether they still had a job. Th…
Diamond Naga Siu
Why most Americans' jobs aren't at risk of the kind of mass layoffs we saw in the last 2 downturns, despite big cuts at places like Twitter and Meta
Twitter and Meta's layoffs don't mean you're about to lose your job.
Jacob Zinkula
Tech earnings continue through the end of the week — and all eyes are on Meta
The biggest story in tech right now is Facebook reporting its second quarter earnings — and analyst…
Jordan Parker Erb
10 Things in Tech: Uber wants to predict your habits, Apple and Google team up, and Lebron James eyes Complex Networks
In today's edition: Lebron James eyes buying Complex Networks, Google gatekeeps AI, and more headli…
Diamond Naga Siu
Everyone's talking about "quiet quitting." Here's what it means — and how the term got its start.
The term owes its origins to Aki Ito's Insider report on "coasting culture," which is when workers …
Matt Turner,Jordan Parker Erb…
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
Some of America's biggest companies are hinting the labor shortage is ending for them
For a year, companies have said it's tough to hire. Now companies like Walmart, Shopify, and Lyft s…