Point-of-sale Technology

• 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
  
• 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
  
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• 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