S'pore staff express shock after losing Shopify jobs

Shopify shares have fallen by 73 per cent since the start of the year. PHOTO: AFP
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SINGAPORE - Local staff of e-commerce giant Shopify have expressed their shock and disappointment at being laid off by the Canadian firm as it reels from slowing business and overly ambitious expansion plans.

The company axed around 1,000 of its global workforce of 10,000 employees on July 27, although it would not disclose the number of staff who lost their jobs in Singapore.

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