Lightspeed
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Montreal-based Lightspeed Commerce cutting 280 jobsThe Montreal-based technology company said the move represents about 10 per cent of its head count-related operating expenditures.CanadaApr 3
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Lightspeed revamps relocation policy to help LGBTQ+ workers seeking safetyBy July, Lightspeed's relocation policy was amended to add a human rights component that allows LGBTQ+ workers to move to regions they deem safer.CanadaNov 2, 2023
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Lightspeed to hire, shift focus to premium clients after layoffsLightspeed 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.EconomyFeb 2, 2023
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E-commerce company Lightspeed cutting about 300 jobsThe 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.EconomyJan 17, 2023
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Reduced consumer spending has Lightspeed Commerce ‘cautious’ ahead of holiday seasonAs the Montreal company adjusts to the current economic conditions, its chief executive said it is focusing more closely on 'larger, more established' clients.EconomyNov 3, 2022
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Lightspeed reports US$114.5M Q4 loss, revenue up from year agoThe 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.EconomyMay 19, 2022
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Lightspeed raises US $107.4M from share sale over allotmentThe e-commerce company says the increase means it raised a total of US$823.5 million before underwriting commission and offering costs.EconomyAug 13, 2021
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Montreal tech company Lightspeed inks pair of acquisition dealsLightspeed POS Inc. says it has signed a pair of acquisition deals worth a total of US$925 million.EconomyJun 7, 2021
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Montreal tech company Lightspeed expands business to suppliersThe system, called Lightspeed Supplier Network, is launching for bike stores, pet stores, jewelry stores and outdoor sporting good retailers in North America.CanadaJan 12, 2021
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