Shopify to Lay Off 20% of Its Workforce | Hacker News Reader

Shopify to Lay Off 20% of Its Workforce

wsj.com

25 pointslxm8 comments

Are they getting 20% smaller again?

    Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics (shopify.com)
    313 points by virtuosarmo 1 day ago | flag | hide | past | favorite | 507 comments

https://news.ycombinator.com/item?id=35813763

This is the same incident, with a different, more transparent framing. Flexport buying Shopify Logistics doesn't so clearly state that Shopify is doing a round of layoffs.

Where are all these laid off tech workers going? They could make a small European country by now.

Nowhere. There are no tech jobs. At least none without a paycut of 50% or more in an inflationary environment. People are getting poorer every day.