{"id":932402,"date":"2026-10-14T06:36:13","date_gmt":"2026-10-14T06:36:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/932402\/"},"modified":"2026-10-14T06:36:13","modified_gmt":"2026-10-14T06:36:13","slug":"lightspeed-cuts-250-roles-by-laying-off-staff-not-filling-vacancies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/932402\/","title":{"rendered":"Lightspeed cuts 250 roles by laying off staff, not filling vacancies"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.cbc.ca\/a\/assets\/texttospeech.svg\" alt=\"Text to Speech Icon\" width=\"44\" height=\"44\"\/><\/p>\n<p>Listen to this article<\/p>\n<p>Estimated 1 minute<\/p>\n<p>The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">Lightspeed Commerce Inc. says 250 roles will be impacted as the company lays off staff and opts to not fill some vacancies.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">The Montreal-based software business says the cuts are meant to simplify its operations and create room to reinvest in customer growth and product innovations.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">Spokesperson Stephanie Princivil did not answer questions about what areas of the company the layoffs and removal of vacancies targeted but said in an email that Lightspeed will provide more information when it reports quarterly earnings next month.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">Lightspeed has made several staffing cuts over the last few years as Dax Dasilva, Lightspeed&#8217;s founder and chief executive, returned to the top job.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">In hopes of creating more shareholder value, the company also conducted a strategic review, but it concluded last year with no go-private transaction.<\/p>\n<p class=\"paragraph-b3GxD html-paragraph\">Instead, the company opted to double down on its North American retail and European hospitality divisions and sell Upserve, a business it owned which offered restaurant management tools. <\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Estimated 1 minute The audio version of this article is generated by AI-based technology.&hellip;\n","protected":false},"author":2,"featured_media":932403,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[49,48,295,66],"class_list":["post-932402","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-ca","tag-canada","tag-environment","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/932402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=932402"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/932402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/932403"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=932402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=932402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=932402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}