Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Business Startups»Shopify CEO Implements AI Hiring Policy for Employees
    Business Startups

    Shopify CEO Implements AI Hiring Policy for Employees

    FintechFetchBy FintechFetchApril 9, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Shopify CEO Tobi Lutke has a new hiring policy that puts AI front and center.

    Lutke posted a memo he sent to employees on X this week that encourages workers to use AI to accomplish tasks. He wrote that every team should “demonstrate why they cannot get what they want done using AI” before asking for more resources or additional human employees.

    “Using AI effectively is now a fundamental expectation of everyone at Shopify,” Lutke stated, per screenshots of the memo he posted on X. The post has drawn more than 2.6 million views.

    Shopify, with a market value of over $100 billion at the time of writing, provides small businesses a platform to sell products online. Customers can build online stores and sell products on sites like TikTok and YouTube. The company, which was founded in 2006, hosts over 5.5 million active online stores and made $8.88 billion in revenue in 2024, a 24% year-over-year increase.

    Related: 37% of Employers Would Rather Hire a Robot or AI Than a Recent Grad: ‘Theory Alone Is No Longer Enough’

    Lutke wrote in the memo that he had seen employees multiply their efforts and use AI “to get 100X the work done.” He asked employees to experiment with AI available internally, including Microsoft Copilot AI chatbot and Anthropic’s Claude code helper.

    Lutke also asked employees to think about how their team would look with the addition of autonomous AI agents, which can carry out complex tasks like browsing the web without human assistance. Their ideas for AI agents could lead to “really fun discussions and projects,” he wrote.

    Lutke is enforcing AI experimentation across Shopify, writing in the memo that Shopify would add questions about AI use to its performance and peer reviews.

    “AI will totally change Shopify, our work, and the rest of our lives,” Lutke wrote. “Our job is to figure out what entrepreneurship looks like in a world where AI is universally available.”

    Related: An AI Company With a Popular Writing Tool Tells Candidates They Can’t Use It on the Job Application

    In September, Shopify reported that half of its merchants planned to use AI tools like Shopify Magic, an AI image editor and writer that the company released in January 2024.

    Shopify has made reductions to its workforce over the past two years, though the changes have not been attributed to AI. In December 2022, the company had 11,600 employees compared to 8,100 in December 2024. Shopify laid off 10% of its workforce in July 2022, or about 1,000 employees, and 20% in May 2023.

    Business Insider reported in January that the company had quietly let go of about a dozen employees during the month.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleDid Eric Trump Crypto Post Kill ETH Bullrun? ETH USD Tumbled Since Trump Tweet
    Next Article When US$1,000 Can Cause US$2.5 Million in Monthly Business Losses from Fraud
    FintechFetch
    • Website

    Related Posts

    Business Startups

    Caught Off Guard? You May Have Found Your Next Big Idea

    August 7, 2025
    Business Startups

    How Giving Back Became The Unexpected Driver of My Company’s Success

    August 7, 2025
    Business Startups

    Stop Building a Business That Traps You and Start Climbing the 5 Levels to Financial Freedom

    August 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    KAS And TORN Crypto Both Pump +15% As Market Returns To Utility Coins: Are We Back?

    March 12, 2025

    Will AstraZeneca be the next FTSE 100 stock to move to the US?

    July 2, 2025

    Best Crypto to Buy as Odds of a Kanye West Meme Coin Spike 83%

    February 22, 2025

    Can I make more passive income by investing in the US or the UK stock market?

    April 1, 2025

    Could This Penny Crypto Outperform FARTCOIN And Pi Network?

    April 12, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Warren Buffett’s Berkshire Hathaway dumped this growth stock. Here’s why I won’t

    July 7, 2025

    Funding Societies Secures Equity Investment from Gobi Partners

    March 20, 2025

    £10,000 invested in JD Sports Fashion shares at the start of 2025 is now worth…

    February 26, 2025
    Our Picks

    Steblecoin regulation is here – but what comes next for banks?: By Carlos Kazuo Missao

    August 7, 2025

    Airtree Raises $650M Fund V to Back Australia and New Zealand Tech Founders

    August 7, 2025

    Caught Off Guard? You May Have Found Your Next Big Idea

    August 7, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.