Mercari told news service Nikkei it has no plans to withdraw from the US market after it confirmed layoffs in the US. Nikkei reported that the Japan-based company laid off nearly half of the employees at its US subsidiary. Mercari’s Read more
CNBC reported that Amazon is laying off employees in the “Buy with Prime” unit, a program first announced in 2022 that lets merchants offer Prime benefits on their own off-Amazon stores. We asked Amazon if that indicated adoption was less Read more
Shopify will be smaller by about 20% after today, according to founder and CEO Tobi Lütke, as the company lays off employees and announced the sale of its logistics business to Flexport, which is headed by the former head of Read more
PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and Shopify. In PayPal’s case, CEO Read more
BigCommerce is laying off workers and cutting costs as it pushes to reach breakeven by the end of 2023. The ecommerce platform will reduce its workforce by approximately 13% across employees and contractors, it announced on Thursday. BigCommerce rival Shopify Read more
Ecommerce darling Shopify was held up by many as a possible solution for merchants seeking an alternative to Amazon, but the platform’s eyes were bigger than its belly when it came to ramping up hiring to meet demand driven by Read more
eBay’s previously announced layoffs have begun this week, and though details are sketchy so far, it appears workers in India may be bearing the brunt of it. Worldlypost.in reports that of the expected 2,400 global layoffs, 1,000 of those may come from units Read more
CommerceHub has signed an agreement to acquire Mercent, which provides digital-marketing services to online retailers. A credible source who wished to remain anonymous said Mercent had laid off a significant number of staff 2 months ago. CommerceHub, a subsidiary of Read more
