Shopify also bumped their prices 33% earlier in the year.
As a small-business Shopify merchant, I would appreciate more competition in the market.
Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
11–20 of 531 posts
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#12> Shopify finds it useful to talk about the difference between main quests and side quests internally. The main quest of the company is its mission, the reason for the company to exist. Side quests are everything else.
The main quest / side quest analogy works so so well!
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#13Revenue up, but it was barely profitable by share... So I think it is reasonable something is done.
That's some fresh thinking there: tech companies are supposed to make a profit?!
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#14> We legally need the work laptop back, but we’ll help pay for a new one to replace it. What law? I’m not criticizing Spotify at all for this decision, I’m just genuinely curious. A few other companies recently are giving away the laptops so I’m wondering what is different here.
I think it is not about specific law targeting laptops, but they might be legally obligated to protect their IP and business secrets i.e. source code, credentials and the documentation etc on the company owned devices.
If they give away the laptop, it will be difficult to guarantee and verify that the data is wiped out entirely within whatever time frame they are aiming for. So, they want their property back.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#15Well yeah, cutting workforce seems like it only has upside to these companies. Expenses go down, profit margin and share price go up. What're the workers gonna do? Protest? Strike? Hah. No, the remaining employees will pick up the extra responsibility and thank the employer for continuing to employ them.
Unionizing is an option. Not necessarily an easy one, but it’s an option.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#16> We legally need the work laptop back, but we’ll help pay for a new one to replace it. What law? I’m not criticizing Spotify at all for this decision, I’m just genuinely curious. A few other companies recently are giving away the laptops so I’m wondering what is different here.
Being in a layoff cycle at one of the biggies they scraped all of our laptops and refused to sell or give them away, with the reason being that it's too complicated to come up with the proper process to do that properly.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#17> We legally need the work laptop back, but we’ll help pay for a new one to replace it. What law? I’m not criticizing Spotify at all for this decision, I’m just genuinely curious. A few other companies recently are giving away the laptops so I’m wondering what is different here.
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Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#18Shopify also bumped their prices 33% earlier in the year. As a small-business Shopify merchant, I would appreciate more competition in the market.
> more competition in the market
Genuine question: Isn't it a pretty crowded space? Do not SquareSpace, Square, Wix all have variations of Shopify products/offerings?
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#19Revenue up, but it was barely profitable by share... So I think it is reasonable something is done.
That's some fresh thinking there: tech companies are supposed to make a profit?!
Profit has been out of fashion for over a decade. I guess what’s old is new again?
In 10 years when interest rates are 0 we can have the tulip Olympics again.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#20Last time I read a very reassuring and cogent letter by the CEO of Shopify about the layoffs . But at no point did the letter hint at further layoffs no less 20% which is huge. Wondering what the explanation is this time. I understand everyone has their worth and price but I fail to see how management and leadership at companies still have jobs and huge bonuses. Reaganomics has had 35 years. Maybe we need a new visio…
If a CEO ever feels the need to give out a reassuring letter, you know that layoffs and wage freezes are on the way.
Management doesn't care about you, so anything that is about your comfort and well being is a scam.