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

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

May 4, 2023 admin-dominor

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The cuts represent the second round of layoffs for Shopify in the last year.

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  • HV Capital closes €710M fund amidst the wider European and global funding downturn
  • Paramount Global shares fall 17% premarket after revenue, earnings miss estimates

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