Lightspeed

• Montreal-based Lightspeed Commerce cutting 280 jobs

  The Montreal-based technology company said the move represents about 10 per cent of its head count-related operating expenditures.

  Canada

  Apr 3, 2024
  
• Lightspeed revamps relocation policy to help LGBTQ+ workers seeking safety

  By July, Lightspeed's relocation policy was amended to add a human rights component that allows LGBTQ+ workers to move to regions they deem safer.

  Canada

  Nov 2, 2023
  
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• Lightspeed to hire, shift focus to premium clients after layoffs

  Lightspeed laid off 300 workers last month amid widespread cuts in the tech industry. About 50 per cent of those who departed were in management positions.

  Economy

  Feb 2, 2023
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• E-commerce company Lightspeed cutting about 300 jobs

  The e-commerce company says the move represents about 10 per cent of its head count-related operating expenditures, with half of the cost reduction coming from management.

  Economy

  Jan 17, 2023
• Reduced consumer spending has Lightspeed Commerce ‘cautious’ ahead of holiday season

  As the Montreal company adjusts to the current economic conditions, its chief executive said it is focusing more closely on 'larger, more established' clients.

  Economy

  Nov 3, 2022
• Lightspeed reports US$114.5M Q4 loss, revenue up from year ago

  The point-of-sale technology company reported a fourth-quarter loss of US$114.5 million compared with a loss of $42 million in the same quarter last year.

  Economy

  May 19, 2022
• Lightspeed raises US $107.4M from share sale over allotment

  The e-commerce company says the increase means it raised a total of US$823.5 million before underwriting commission and offering costs.

  Economy

  Aug 13, 2021
• Montreal tech company Lightspeed inks pair of acquisition deals

  Lightspeed POS Inc. says it has signed a pair of acquisition deals worth a total of US$925 million.

  Economy

  Jun 7, 2021
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• Montreal tech company Lightspeed expands business to suppliers

  The system, called Lightspeed Supplier Network, is launching for bike stores, pet stores, jewelry stores and outdoor sporting good retailers in North America.

  Canada

  Jan 12, 2021