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Shopify is laying off 10 percent of its workforce, a move that affects about 1,000 of its employees, as first reported by The Wall Street Journal.
In a memo posted on Shopify’s website, CEO Tobi Lütke says the company “has to go through a reduction in workforce” that mostly affects those working in recruiting, support, and sales.
Lütke notes that the e-commerce company is also cutting down on “over-specialized” and duplicate roles.
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