https://techcrunch.com/2022/07/26/shopify-lays-off-10-of-its-workforce-as-rapid-pandemic-growth-slows/

Shopify is laying off around 10% of its workforce, or about 1,000 employees, the Wall Street Journal has reported. The Ottawa, Canada-based company told staff in a memo sent on Tuesday that the layoffs are necessary as users are pulling back on online orders and returning to old shopping habits.

“Shopify has to go through a reduction in workforce that will see about 10% leave by the end of the day,” Shopify CEO and founder Tobi Lütke write in a blog post about the layoffs. “Most of the impacted roles are in recruiting, support, and sales, and across the company we’re also eliminating over-specialized and duplicate roles, as well as some groups that were convenient to have but too far removed from building products. Emails will go out in the next few minutes that will clarify if your role was affected; those impacted will then have a meeting with a lead in their team.”