Shopify has no plans for more layoffs, president says

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Shopify has no plans for more layoffs, president says
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Shopify president Harley Finkelstein says there are no more job cuts in the works and the company is in a \u0022really good place.\u0022 Find out more

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Asked what areas might garner hires, he said software and product staff are always in demand because there are fewer of them. In designing the program, Shopify completed an extensive benchmarking exercise to ensure salaries are competitive, but executives warned Flex Comp will likely weigh on its 2023 outlook.

“Cash gives certainty, but if you understand the business, obviously, you know, equity is what a lot of people want because they want to be able to participate in the upside there as well.” For those that want to head into an office, Shopify is maintaining some sites, including one at the King Portland Centre, not far from The Well. Many people gathered at the company’s properties in recent weeks when it held a series of summits and hack days. Others joined virtually or invited colleagues living nearby over to their homes.Article content

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