Shopify cuts 20% of its workforce; shares surge on earnings beat

https://www.cnbc.com/2023/05/04/shopify-cuts-20percent-of-its-workforce-shares-surge-on-earnings-beat.html

Shopify on Thursday announced it’s cutting 20% of its workforce. The news came as it reported first-quarter earnings that beat analyst estimates on both the top and bottom lines.

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