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Ice cream for baggage handlers, fewer meetings and no more counting shrimp—all part of effort to make the daily grind a little less grinding. Ice cream for baggage handlers, fewer meetings and no more counting shrimp—all part of effort to make the daily grind a little less grinding. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Companies that set out to build e-commerce fulfillment services when pandemic-driven online sales boomed are now reining in their logistics ambitions. Companies that set out to build e-commerce fulfillment services when pandemic-driven online sales boomed are now reining in their logistics ambitions. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Flexport is buying Shopify’s logistics-fulfillment operations, including U.S. e-commerce platform Deliverr, setting up the freight company to add home-delivery services that would compete with Amazon.com for retailer business. Shopify is also selling its 6 River Systems warehouse robotics operation to U.K. automated grocery-fulfillment specialist Ocado Group. Shopify, a Canada-based online retail-services platform that has struggled…

For years when AT&T Inc. threw a retirement party, employees had to enter the names of attendees in the telecom company’s expense-reporting system. It was the kind of small  annoyance that is an accepted part of office life for millions of white-collar workers.  But a technology team at AT&T figured the requirement, plus a similar one for service-anniversary parties, was costing its workers 28,500 hours a year that they could be spending on more important tasks. So the company scrapped it, and…

Thank you all for coming on such short notice. Let’s jump right into it.When Reynolds American Inc. was preparing to update staff on its restructuring plans in January, it scrapped plans for a 90-minute town hall meeting. Instead, it posted a 10-minute video for employees to watch. Meetings are the new corporate hobgoblin. Executives at Shopify Inc., Wayfair Inc. and other firms say overstuffed calendars—partly a symptom of more remote work that crimped quick, serendipitous…

The banks of the future are having a rough present. Financial-tech companies, long hyped for their vision of bringing Silicon Valley-style innovation to the businesses of lending, investing and payments, underperformed both financial stocks and tech stocks more broadly in 2022. A vulnerability to higher interest rates, the disappearance of many pandemic-era catalysts and a more general reckoning for companies that followed growth-at-all-costs playbooks contributed to many fintech firms’…

Retailers this holiday season are focusing on delivering packages to customers on specific dates, rather than competing on speed of delivery.The shift marks an easing in a race for delivery speed in e-commerce in recent years that has pushed goods to shoppers’ homes at an ever-faster pace while narrowing retailers’ profit margins on sales.  With inflation-conscious consumers now dialing back their online shopping, many retailers are focused on restraining the high costs of fulfillment and last-mile delivery.…

Shopify Inc. SHOP 6.85% posted a quarterly loss and warned it would post losses in the rest of the year as e-commerce growth slows, a day after the company said it would cut 10% of its employees. The outlook sent the Canadian company’s shares—which have dropped more than 80% from their November peak—slightly lower in pre-market trading. The stock dropped 14% on Tuesday after The Wall Street Journal reported the layoffs.…

Shopify Inc. SHOP -16.52% is cutting roughly 1,000 workers, or 10% of its global workforce, rolling back a bet on e-commerce growth the technology company made during the pandemic, according to an internal memo. Tobi Lütke, the company’s founder and chief executive, told staff in a memo sent Tuesday that the layoffs are necessary as consumers resume old shopping habits and pull back on the online orders…

Twitter Inc. TWTR 0.72% and Shopify Inc. SHOP 5.65% said they are teaming up to make it easier for people to buy items that Shopify merchants post on Twitter.Shopify merchants will be able to display and automatically update up to 50 items for sale on their Twitter profile, the companies said Wednesday. Users will be able click on items and be directed to the merchant’s website to complete a purchase. The feature,…