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Shopify cuts workforce by 20 percent, sells logistics arm to Flexport for equity stake
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Shopify cuts workforce by 20 percent, sells logistics arm to Flexport for equity stake

congodailynews.comMay 4, 2023May 4, 2023
Shopify has announced plans to reduce its workforce by 20%, impacting over 2,000 employees, and has agreed to sell its logistics business to Flexport in exchange for approximately 13% equity. This news comes about 10...
AI revolutione-commerceFlexportlayoffslogisticsShopifyTobias Lutkeworkforce reduction
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