Magento is an essential open source eCommerce solution which has gained tremendous popularity in online shopping carts. This is true; it is world's fastest rising e-commerce platform. Magento has made the trading platforms and web store development that now matched the best in industry standards.
The e-commerce software platform that operates mainly out of Los Angeles will experience the cuts in its product and marketing departments in its San Jose office, though it isn't clear whether Magento's other offices will be impacted. Product chief Jimmy Duvall is also leaving the company.