Hacker News Reader

This looks worse out of context. The next sentence is pretty clear on what's going on.

There are a number of consequences to this, and I don’t want to bury the lede: after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today

View on HN

> Shopify will be smaller by about 20%

So are they going to fire 20% of the C-suite and upper management as well? :)

No, they're the heroes going on the main quest!

C-Suite are appointed by the Board.

If the board thinks they are not doing their job, they will be fired.

How is it not difficult to understand for a self-appointed smart crowd?

Shopify is a bit weird in that the CEO Tobi has controlling shares in the company. Short of embezzlement or intentionally destructive behavior he's effectively unaccountable to anyone but his own stock portfolio.

Important to note, Tobi's controlling share was voted upon.

Reply on news.ycombinator.com