Shopify will lay off around 20% of its workforce and sell its logistics unit to Flexport. The moves form part of an effort by the ecommerce software provider to renew its focus on its primary offering ...

May 4 (Reuters) - Shopify Inc (SHOP.TO), opens new tab has divested the logistics arm it built over the past few years, in a reversal of its strategy of aggressively investing in fulfillment networks, ...

Shopify Inc., an e-commerce giant that builds platforms for the enterprise and small businesses, announced today that it’s laying off 20% of its workforce, affecting more than 2,000 employees, and ...