Key takeaways:<p>* Shopify cutting ~1000 workers: most of the layoffs will occur in recruiting, support and sales units<p>* First big layoffs the company has announced since Mr. Lütke started the company in 2006.<p>* Shopify’s shares fall 15% to about $31<p>* Tobi Lütke: "It’s now clear that bet (that surging e-commerce sales growth would last past the Covid-19 pandemic’s ebb) didn’t pay off... I got this wrong"<p>* Laid off workers to be offered 16 weeks of severance to the laid-off workers, plus one week for every year of service