Lightspeed Commerce Inc. said it would cut its workforce by 300 positions as part of a reorganization initiative aiming for profitable growth.

The Canadian e-commerce platform said Tuesday that half of the layoffs would affect its management ranks and account for about 10% of its headcount-related operating expenditures.

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.