Tag: COMMERCETOOLS
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Commercetools Implements Layoffs and Restructuring Amidst Shifting E-Commerce Landscape
Commercetools has laid off approximately 10% of its employees after failing to meet sales growth targets. The restructuring coincides with significant changes in executive leadership. The company faces challenges from increased competition and a changing e-commerce landscape post-pandemic, leading to a reevaluation of its goals and strategies. Commercetools, a frontrunner in the headless commerce sector,…