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Canada’s Shopify is laying off 10% of it’s workforce as sales growth slows down

Canada’s Shopify Inc is laying off 10% of its workforce, the e-commerce company said on Tuesday, as it struggles with sales growth due to a post-pandemic slowdown in online shopping. Shopify had hit the jackpot during the COVID-19 lockdowns as merchants turned to its platform to set up online stores. As a result, the company […]

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Business Tech World

Amazon to pay customers up to $1,000 if product sold through its website injures people or damages property

E-commerce company Amazon.com announced it will pay customers up to $1,000 if a product sold through its website injures people or damages property, even if the product was sold by a third-party seller. The world’s largest online retailer also pledged to cover the cost of such claims without seeking reimbursement from third-party sellers as long […]