Your email has been successfully added to our mailing list.

×
0.000677048070412961 0.00164387271496268 0.00400000000000001 0.00690859851049421 -0.00243737305348689 -0.0119160460392689 -0.00988490182802984 -0.0108327691266081
Stock impact report

Hootsuite to lay off 30 per cent of staff amid tech sector downturn [Globe and Mail, The (Toronto, Canada)]

Shopify Inc. Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
The social-media management company Hootsuite Inc., a beacon of Canada's tech sector in the early 2010s, told employees Tuesday that it would lay off 30 per cent of its staff worldwide. The company confirmed the news Tuesday morning. “We want to be very clear this decision is not a reflection on them, or their work,” chief executive officer Tom Keiser said in an e-mailed statement. “We need to refocus our strategies to drive efficiency, growth and financial sustainability.” Hootsuite had about 1,400 employees in late June, up from less than 1,200 in January, but Mr. Keiser acknowledged earlier this summer that the broad downturn of the tech sector would reduce its hiring plans. Many tech companies are reducing costs at a rapid pace amid significant macroeconomic uncertainty prompted by high inflation and rising interest rates. Other prominent Canadian tech companies have announced significant layoffs in recent weeks, including Shopify Inc. ( 10 per cent ), CFT Clear Finance Tec Show less Read more
Impact Snapshot
Event Time:
SHOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SHOP alerts
Opt-in for
SHOP alerts

from News Quantified
Opt-in for
SHOP alerts

from News Quantified