U.S. markets close in 3 hours 35 minutes
  • S&P 500

    4,224.93
    +14.69 (+0.35%)
     
  • Dow 30

    33,463.09
    +153.58 (+0.46%)
     
  • Nasdaq

    12,849.05
    -5.75 (-0.04%)
     
  • Russell 2000

    1,980.85
    +11.60 (+0.59%)
     
  • Crude Oil

    94.67
    +2.74 (+2.98%)
     
  • Gold

    1,806.20
    -7.50 (-0.41%)
     
  • Silver

    20.34
    -0.40 (-1.94%)
     
  • EUR/USD

    1.0338
    +0.0036 (+0.3515%)
     
  • 10-Yr Bond

    2.8390
    +0.0530 (+1.90%)
     
  • Vix

    20.44
    +0.70 (+3.55%)
     
  • GBP/USD

    1.2218
    -0.0000 (-0.0037%)
     
  • USD/JPY

    132.6180
    -0.2550 (-0.1919%)
     
  • BTC-USD

    24,340.56
    +320.01 (+1.33%)
     
  • CMC Crypto 200

    575.03
    +0.28 (+0.05%)
     
  • FTSE 100

    7,465.91
    -41.20 (-0.55%)
     
  • Nikkei 225

    27,819.33
    -180.67 (-0.65%)
     
  • Oops!
    Something went wrong.
    Please try again later.

Shopify to lay off 10% of global workforce

In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Yahoo Finance Live’s Brad Smith discuss reports that Shopify will lay off 10% of its global workers.

Video Transcript

BRAD SMITH: Shopify becomes the latest shoe to fall amid a trend of companies cutting back on workers, the e-commerce group slashing around 1,000 workers, or 10% of its global workforce. This is according to the Wall Street Journal, citing an internal memo. We'll continue to track shares of S-H-O-P as we get closer to the start of today's trading session.