Shopify has laid off a number of staff from its partnerships division as part of an overhaul to how it works with external partners, sources have told The Logic.
https://thelogic.co/news/exclusive/shopify-partnerships-division-layoffs-restructuring/
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Shopify Stock Unchanged After Layoffs
Shopify Inc. shares closed up 0.2% on Friday. This followed reports of job cuts within its partnerships division. The company is undergoing a broader restructuring effort. Investors are closely monitoring the upcoming Federal Reserve meeting. Future interest rate decisions affect growth stocks.
https://ts2.tech/en/shopify-shop-stock-price-ends-flat-after-layoffs-report-what-to-watch-before-mondays-open/