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Tag: Recession

Heralded as Amazon Rival, Shopify Announces Major Layoffs

July 26, 2022July 26, 2022 Ina Steiner
Shopify

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

Marketplaces, NewsLayoffs, Recession, Shopify, Shopify layoffs, Tobi Lutke

Small Businesses Remain Confident Despite Threat of Recession

June 28, 2022June 28, 2022 Ina Steiner
Kabbage

A survey of 550 small-business leaders in April found they remained confident despite concerns of a looming recession. While more than four in five respondents (83%) were concerned there would be a US economic recession soon, 80% of businesses said Read more

News, Trends and Shopping DataKabbage, Recession, Small business issues


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