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Shopify (SHOP) , which helps online retailers sell products and manage operations, has made significant changes in its ...
Shopify CEO Tobi Lütke says no new hires unless AI can’t do the job. What it means for business leaders as AI reshapes hiring ...
Lütke stressed annual efficiency growth for every employee in an internal memo he published on X.
The tables have turned for tech employees as performance pressure and proclamations of "efficiency" and "intensity" replace perks and pampering.
Shopify is not alone. As reported by Layoffs.fyi, more than 152,000 jobs were axed across 549 tech firms in 2024. In just the first quarter of 2025, a further 27,000 workers have been let go ...
The company has also undergone a number of rounds of layoffs, with a significant 20% cut made to its workforce in May last year. Harvey Finkelstein, president of Shopify, told investors on ...
IT giant Microsoft Corp. is mulling another round of layoffs next month, with company leaders discussing cuts to middle managers and exploring ways to increase the ratio of coders to non-coders on ...
(Photo source: Reuters) Microsoft is reportedly planning another round of layoffs, expected to begin in May 2025. The focus will be on reducing middle management positions and non-technical roles.
E-commerce platform Shopify has announced to lay off 20 per cent of its workforce which will impact more than 2,000 people. The company also announced that American multinational corporation ...