[ad_1] An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shopify on Thursday announced it’s cutting 20% of its workforce. The news came as it reported first-quarter earnings that beat analyst estimates on both the top and bottom lines. Shares of Shopify surged more than 26% in early trading. CEO … Read more
[ad_1] Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li told analysts during company’s first-quarter earnings call, the social … Read more
[ad_1] Amazon CEO Andy Jassy on Thursday published his annual shareholder letter where he reflected on one of the most challenging periods in the e-retailer’s history, and signaled he remains confident that recent cost-cutting efforts will pay off. Jassy said he’s spent the last several months taking a “deep look across the company, business by … Read more
[ad_1] An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth quarter earnings on Tuesday after the closing bell. Justin Sullivan | Getty Images Google no longer requires people to be vaccinated against Covid in order … Read more