(Reuters) – Canada’s Shopify is laying off 10% of its workforce, or about 1000 employees, the Wall Street Journal reported on Tuesday, citing an internal memo.
Shares of the company fell 6.6% in trading before the bell.
Shopify did not immediately respond to a Reuters request for comment.
(Reporting by Chavi Mehta in Bengaluru; Editing by Shailesh Kuber)