Canadian Press NewsAlert: Shopify to reduce workforce by 20%, sell logistics business

By The Canadian Press on May 4, 2023.

Shopify Inc. headquarters signage in Ottawa on Tuesday, May 3, 2022. Shopify reported its earnings for the latest quarter. THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA – Shopify Inc. says it will reduce its head count by about 20 per cent and sell its logistics business to Flexport, a supply chain management company.

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