Layoffs Hit Shopify as it Rethinks Logistics Strategy

Shopify may have overstuffed its cart. On its quarterly earnings call on Thursday, the e-commerce also-ran announced a mass layoff of 20% of its staff, as well as the sale of its logistics division and warehouse robotics operation. It’s a delayed but no less severe hangover from the company’s…#harleyfinkelstein #amazon #deliverr #tobiaslütke #flexsport #shopify #flexport #riversystems #ocadogroup #thursdays

Source: Reuters: Health - May 4, 2023 Category: Consumer Health News Source Type: news