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A comment on Shopify to lay off 10% of workers in broad shake-up. Parent comment

Re:Shopify to lay off 10% of workers in broad shake-up by pxue on Tuesday July 26, 2022 @12:02PM (#32240084)
SHOP has $8B cash on hand. is a profitable business. how is that anywhere close to the definition of a failed business??
[ Parent | on HN ]
Re:Shopify to lay off 10% of workers in broad shake-up by upupandup on Tuesday July 26, 2022 @12:26PM (#32240407)
$6.85B net

It's counterparts have far bigger amounts and most of its customer base are affiliate markters, drop shippers.

[ Parent | on HN ]