April 9, 2010 - According to CNBC, theShopify CEO Tobi Lutke is realigning the company's position in the AI Talent acquisition strategies for the times.
In a memo released this past Monday, local time, Lutker noted that employees in theBefore requesting additional manpower and resources, they must demonstrate that they "can't do it with AI alone"..
Lutker also noted that Shopify has a "basic requirement" for its employees, which is that in their day-to-day jobsActive application of AI. He argues that AI has become the employees who use it "Super Range Extender" "I've seen many employees utilize AI to tackle tasks that previously seemed impossible, or even tasks we once wouldn't have chosen to do. With AI, they are able to100 times the amount of work done. "
1AI has learned from the report that Shopify will also incorporate employee use of AI into performance reviews.
The directive comes at a time when tech companies are massively investing hundreds of billions of dollars in AI development, and Shopify has launched several AI tools for its merchants, including a chatbot called Sidekick and a suite of automation tools called Shopify Magic.
At the same time, tech companies are seeking to cut costs in other areas, by stopping some loss-making projects or making layoffs. According to Layoffs.fyi, in 2024, theAbout 152,000 jobs were cut at 549 tech companies worldwide.
According to Shopify's latest annual report, the company's workforce totaled8,100, down from 8,300 last December.. The company laid off 14% employees in 2022 and again 20% in 2023.
At an investor event hosted by Morgan Stanley last month, Shopify CFO Jeff Hoffmeister said that the company has been able to keep its total workforce relatively stable despite roughly flat headcount, but that employee-related costs could change due to pay differences. He also noted that even if the number of employees remains the same"Highly paid senior AI engineers" could also drive up overall salary costs.
