Shopify changes earnings call time as employees brace for layoffs

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Shopify changes earnings call time as employees brace for layoffs
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Shopify will release earnings earlier than planned as employees ready themselves for more layoffs

It now plans to report earnings before the markets open. Shopify has moved up the timing of its quarterly earnings call asWhile the company was originally scheduled to report earnings after markets closed on Thursday, it now plans to report before they open, at 8:30 a.m. ET. ShopifyA company representative did not immediately return Insider's request for further comment.

Fear has been growing among employees that Shopify plans to lay off workers within the next several days. Employees said that the company has canceled a number of upcomingThe results of the company's latest performance reviews are also due early next month, according to several employees. Company leadership that it planned to change how it evaluated employees' performance.

Shopify has frequently spoken about its goal to build a more efficient and focused organization this year, both in earnings calls

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