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18
zzyzzx
2022 Jul 26, 9:06am
zzyzzx
2022 Jul 26, 9:06am
https://finance.yahoo.com/news/tesla-apple-microsoft-peloton-all-of-tech-companies-hitting-the-brakes-on-hiring-202428628.html
Ecommerce platform Shopify (SHOP) is the latest tech company to reduce its ranks, announcing that it will cut 10% of its workforce.
Shopify Inc. (SHOP)
30.80/sh - 5.91 (-16.10%)
As of 12:05PM EDT. Market open.
Ecommerce platform Shopify (SHOP) is the latest tech company to reduce its ranks, announcing that it will cut 10% of its workforce.
Shopify Inc. (SHOP)
30.80/sh - 5.91 (-16.10%)
As of 12:05PM EDT. Market open.
19
mell
2022 Jul 26, 11:00am
zzyzzx says
Yep, I'd stay away from most big tech companies for now. Long term this seems like a solid co. but xiden inflation and people going outside again to do business will keep deflating the !covid! online pump. All in all the lockdowns were just another boon to big tech while destroying mom and pop stores.
https://finance.yahoo.com/news/tesla-apple-microsoft-peloton-all-of-tech-companies-hitting-the-brakes-on-hiring-202428628.html
Ecommerce platform Shopify (SHOP) is the latest tech company to reduce its ranks, announcing that it will cut 10% of its workforce.
Shopify Inc. (SHOP)
30.80/sh - 5.91 (-16.10%)
As of 12:05PM EDT. Market open.
Yep, I'd stay away from most big tech companies for now. Long term this seems like a solid co. but xiden inflation and people going outside again to do business will keep deflating the !covid! online pump. All in all the lockdowns were just another boon to big tech while destroying mom and pop stores.
21
Patrick
2022 Nov 28, 7:23pm
Patrick
2022 Nov 28, 7:23pm
https://national-conservative.com/shopify-ceo-rebukes-far-left-campaign-to-de-platform-libsoftiktok/
Shopify CEO rebukes far-left campaign to de-platform LibsofTikTok
Shopify CEO Tobi Lutke rebuked a campaign by far-left activists to pressure Shopify to de-platform LibsofTikTik. There is a LibsofTikTok Shopify store that sells t-shirts and mugs stating, “Stop Grooming Our Kids.”
Nandini Jammi is at the forefront of the online campaign to de-platform LibsofTikTok. She is a self-described “watchdog,” and co-founder of Check My Ads.
He accused Nandini Jammi of hyping a “bad faith narrative.” This prompted hundreds of hysterical replies from left-wing activists claiming Shopify supports “nazis” and “hate.”
22
Hugh_Mongous
2022 Nov 28, 8:42pm
gabbar says
PYPL fucked themselves when they got into crypto shit.
clambo says
Shopify and the ones mentioned by BayArea deserve to go down.
PYPL too?
PYPL fucked themselves when they got into crypto shit.
23
Patrick
2022 Nov 28, 11:26pm
Patrick
2022 Nov 28, 11:26pm
Tobi Lutke was not really in control of the company for a while. I'm hoping he's a legit good guy and is also cleaning house.
24
Patrick
2023 Jul 2, 3:01pm
Patrick
2023 Jul 2, 3:01pm
Seems to be on a solid upswing again:
They are basically a landlord for online businesses. So how they do depends on how the online economy does.
They are basically a landlord for online businesses. So how they do depends on how the online economy does.
Ouch!