Shopify Stock

• Taylor Swift’s Eras Tour merch sales helped push Shopify revenues up in Q3

  Shopify says its revenue was up 25 per cent year-over-year in the third quarter, which helped to drive the company back to a profit.

  Tech

  Nov 2
  
• Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’

  Shopify CEO Tobi Lutke said he plans to fight after six years' worth of records for Canadian Shopify stores were requested by the CRA.

  Canada

  Jun 26
  
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• Shopify layoffs: Company faces class action over severance offers 

  A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.

  Canada

  May 30
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• Shopify stock soars as it cuts staff again. Here’s what to know

  Canada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.

  Tech

  May 4
• ‘Incredible challenges’: Shopify president reflects on layoffs and retail’s future

  Shopify President Harley Finkelstein says the Ottawa-based e-commerce company has had to make 'tough decisions' including layoffs as it adjusts to the post-pandemic economy.

  Tech

  Dec 13, 2022
• Shopify shares surge as execs chart path back to profitability following layoffs

  Shopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.

  Tech

  Oct 27, 2022
• Tech firms favour hybrid, remote work. So why are they opening new offices?

  There's several reasons why tech companies are opening new offices, despite turning to hybrid or remote work models during the COVID-19 pandemic.

  Tech

  Oct 3, 2022
• Shopify’s big e-commerce bet failed. What does that signal for retail’s future?

  Shopify says its big bet on e-commerce accelerating didn't pan out, leading to layoffs this week. What does that mean for the future of retail, post-pandemic?

  Consumer

  Jul 27, 2022
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• Shopify posts US$1.2B net loss in 2nd quarter amid deep job cuts

  Shopify pointed to higher costs related a recent acquisition and increased pressure from inflation on the e-commerce market as dragging down earnings in the months to come.

  Tech

  Jul 27, 2022
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• Shopify to lay off 10% of workforce after pandemic growth bet ‘didn’t pay off’: CEO

  Shopify is cutting 10 per cent of its global workforce, the Ottawa-based e-commerce giant announced Tuesday, after its pandemic growth plans failed to materialize.

  Tech

  Jul 26, 2022