E-commerce sales boomed during the COVID-19 pandemic. Now, they are slowing, and e-commerce platform workers are feeling the pain.
“Ultimately, placing this bet was my call to make and I got this wrong. Now, we have to adjust. As a consequence, we have to say goodbye to some of you today and I’m deeply sorry for that,” Shopify CEO Tobi Lutke said in a blog post to employees on Tuesday.
Lutke said the e-commerce giant would lay off about 10% of its workforce — estimated to be roughly 1,000 people...
https://www.freightwaves.com/news/shopify-cuts-10-of-workforce-ceo-says-i-got-this-wrong