Shopify to layoff 10% of workers
https://www.wsj.com/articles/shopify-to-lay-off-10-of-workers-in-broad-shake-up-11658839047 The rest of the e-commerce/FinTech companies should follow soon. #shopify #stripe #square #paypal #upstart #klarna #woocommerce
WSJ
Less spending more layoffs in retail
Pretty happy I never got to the interview stage there. Dodged that bullet.
Wait till tomorrow bro (Meta's earnings date)! You might also get an axe.
This is true.
Big yikes.
🪓🪓🪓
Called it. Their tactics were getting strange in the recent months.
Not surprising given the hiring that was required with the massive spike during COVID.
Good call mate
Engineering?
Mostly sales, recruiting and marketing
Engineers too, 3 gone from a friend's team
Whew this makes me relieved that they didn't like my "life story".
They said that? Lmaoo
Shopify does a “life story” interview where you just talk about your life and experiences overall. It’s a culture fit interview
Fuck accepted an offer with them for starting in September…. Hope the layoffs happen before I join ?:/ fml
I mean I will but in that case I got bigger worries haha 🥲
Good luck and godspeed. Maybe you'll get a 4 month severance
A lot of people guessed this was coming because they cancelled bursts (company work retreat things) for a lot of teams
Engineering laid off?
For which teams? In general all busrsts cancelled? Or those in specific teams? Isn’t the layoff affecting recruiting sales etc?
When you get laid off how many months of severance do you usually get?
Pretty sure it’s a week per year lol
A decent company will give a minimum (e.g 2 months) plus a week per year.