Canada's Shopify Inc is laying off 10% of its workforce as the ecommerce company struggles with slowing growth due to a pullback in online shopping after benefiting from a pandemic-fueled surge in demand.
An employee works at Shopify's headquarters in Ottawa, Ontario, Canada, October 22, 2018. REUTERS/Chris Wattie/File Photois laying off 10% of its workforce as the ecommerce company struggles with slowing growth due to a pullback in online shopping after benefiting from a pandemic-fueled surge in demand.
Shopify's turn of fortunes from the most valuable company in Canada last year to its present-day struggle to increase sales come as easing lockdowns have led consumers to return to brick-and-mortar stores.Its sales growth during the pandemic led the Ottawa-based company to ramp up hiring and invest in technology, betting that the shift to online from physical retail shops would not subside.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pope arrives in Canada for ‘penitential’ visit aimed at Indigenous reconciliationPope Francis is en route to Canada to embark on what he describes as a “penitential trip” aimed at reconciliation with Indigenous people for the Catholic Church’s role in residential schools. — via nationalpost catholicchurch Canadanews residential
Weiterlesen »
Pope Francis Headed to Canada to Apologize for Dead Kids Buried in Mass GravesThe pontiff, confined to a wheelchair, will make the longest apostolic trip of his papacy to beg forgiveness from the First Nations families who lost children in the church’s care.
Weiterlesen »
Pope Lands in Canada to Apologize to Indigenous CommunityPope Francis has landed in Canada, beginning a fraught visit to apologize to Indigenous peoples for abuses by missionaries at residential schools.
Weiterlesen »
Live updates: Pope Francis arrives in CanadaPope Francis has arrived in Edmonton to start his six\u002Dday visit in Canada
Weiterlesen »
Pope arrives in Canada for 'penitential pilgrimage' over Indigenous abusePope Francis began a fraught visit to Canada to apologise to Indigenous peoples for abuses by missionaries at residential schools, a key step in the Catholic Church’s efforts to reconcile with Native communities.
Weiterlesen »