Tech in crisis | Now Shopify is laying off 1,000 staff

Now Shopify is laying off 1,000 staff

In this myGrapevine+ exclusive article, we look at the announcement that Shopify is laying off a whopping 10% of its workforce. It includes:

  • A look at stats showing that many high-growth tech firms are making deep cuts to their staff numbers

  • Analysis of why they are doing this - and what is means for the economy

  • How this suggests, more than ever, that recession could be around the corner.

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