Financial Post: 'Shopify Inc. is laying off 10 per cent of its workforce, or about 1,000 employees, the Wall Street Journal reported on Tuesday, citing an internal memo.
'Shares of the company fell 6.6 per cent in trading before the bell.'
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After dropping the 6.6 percent in trading this action of shopify to lay off about 1000 force will be proved good.
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Shopify is a worldwide music platform where we can listen to and download all the latest and old songs easily. According to a report, Shopify is to lay off 10% of its workforce. After getting a premium account and downloading the favorite songs.
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