News for hackers. Stuff that matters.

A comment on Shopify to cut 20% of its workforce, beats quarterly revenue estimates. Parent comment

Re:Shopify to cut 20% of its workforce, beats quarterly reve... by justblaze23 on Thursday May 04, 2023 @08:44AM (#35814379)
> Expenses go down, profit margin and share price go up.

Growth also goes down, which means more firings and rinse and repeat.

[ Parent | on HN ]

There are no comments on this comment yet.