Shopify stock sinks 14% after company says it will lay off 10% of workers

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Shopify stock sinks 14% after company says it will lay off 10% of workers

In a memo to staff, Shopify CEO Tobi Lutke acknowledged he had misjudged how long the pandemic-driven e-commerce boom would last.

https://www.cnbc.com/amp/2022/07/26/shopify-sinks-12percent-after-company-plans-to-lay-off-10percent-of-workers.html

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