Shopify cuts jobs, joining Netflix and Apple in slowdown

By Martine Paris
Published Updated 4 Min Read

Bloomberg News

With recession fears mounting — and inflation, the war in Ukraine and the lingering pandemic taking a toll — many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and making rounds of layoffs.

On Tuesday, Shopify announced that it cut 10% of its workforce, joining dozens of others in pulling back on jobs.  Here’s a look at the companies tapping the brakes.

Martine Paris

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