Shopify announced Thursday that it was cutting 20% of staff and selling off its logistics business. Over the last few days, impending layoffs have created a culture of fear among employees.

Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock.. The news comes ...

Flexport is buying Shopify’s logistics-fulfillment operations, including U.S. e-commerce platform Deliverr, setting up the freight company to add home-delivery services that would compete with ...

Shopify Inc , on Thursday posted a surprise first-quarter profit and announced plans to lay off 20% of its staff while allaying investor concerns by exiting its logistics arm, sending its shares ...

Shopify’s main quest is to make commerce simpler, easier, more democratized, more participatory, and more common. I think that we have built the best commerce platform in the world for that.

Shopify has announced some big changes this month. On May 4, the company announced it would be laying off 20% of its workforce — or more than 2,000 employees — and selling the majority of its ...

Shopify was founded in 2006 by Tobi Lutke, and Scott Lake, who were frustrated with the complexities of opening their online snowboarding equipment store. Very early on, the founders identified ...