Recent data counts 630 startups worldwide which have let go of 80,902 employees this year alone. About 1,193 startups have laid off 176,874 workers since the pandemic began.
In a memo posted on the company website, Shopify CEO announced that the e-commerce company will see about 10 per cent of staff leave by end of day Tuesday.
While money poured into startups as stocks soared and people sought technology to work from home during the first two years of the pandemic, cash isn't flowing in the same way now.
Video-streaming company said Friday that prices are going up by $1 to $2, depending on the plan.
E-commerce powerhouse’s stock price dipped nearly 14 per cent – or more than $185 – to $1,173.53 on the Toronto Stock Exchange on Monday.
An insightful and instructive look at an entrepreneur's journey.
Netflix is lowering video quality for its subscribers in Canada as it attempts to reduce soaring demands on internet bandwidth in the midst of the COVID-19 pandemic
Federal lawmakers need to make foreign content providers, such as Netflix, YouTube and Amazon Prime, pay their fair share into producing Canadian content, Canada's broadcast regulator and
Quebec will forge ahead with plans to tax Netflix with or without the support of the federal government, the province's finance minister has said in a letter to his federal counterpart.
An agreement that Netflix will invest at least $500 million in original productions in Canada is set to be part of a long-awaited reboot of Canada's cultural policy.