The 20% number is a bit ambiguous. How many are being laid off and how many are moving over to Flexport?
Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
301–310 of 531 posts
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#302Earlier quoted context omitted.
Shopify already pays at the low end. I mean, not even relative to FAANG; you can make a similar salary at a government job as an engineer.
This hasn't been true for the last couple of years. source: I was a Shopify employee until today and can confirm my salary was closer to FAANG than not.
Sorry to hear that. Hope you can find a new job soon!
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#303Earlier quoted context omitted.
How does it help your situation to worry about something you cannot control or influence in any way whatsoever? Plan for the future, good or bad, but don't dwell on what you can't control.
> How does it help your situation to worry about something you cannot control or influence in any way whatsoever? They affect me. I don’t give a fuck what the sun does everyday if I can’t pay my rent.
Worrying won't pay your rent either, is the point.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#304Earlier quoted context omitted.
From a business perspective, this is great for Shopify. The labor market for software engineers has seriously softened as a result of all the layoffs. Go look at job openings and their posted salaries. When Shopify beings hiring again, they are going to be able to hire talent at a fraction of the price. Also, this is largely a coordinated effort from activist investors specifically targeting large tech salaries. E.g.…
Shopify already pays at the low end. I mean, not even relative to FAANG; you can make a similar salary at a government job as an engineer.
Totally not true. My Shopify offer was slightly higher than my Google offer (as a re-hire), both base + stocks, about 3 years ago. However, going with Google really paid off because of the stock performance.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#305Earlier quoted context omitted.
From a business perspective, this is great for Shopify. The labor market for software engineers has seriously softened as a result of all the layoffs. Go look at job openings and their posted salaries. When Shopify beings hiring again, they are going to be able to hire talent at a fraction of the price. Also, this is largely a coordinated effort from activist investors specifically targeting large tech salaries. E.g.…
It's not just tech compensation. The zeitgeist right now is that employee comp is/was simply too high. There have lots of murmurings lately that amount to that at many different levels of the capital chain. Perhaps what's interesting about now is that people are quite okay with saying it openly. Tech is an easy target since it is well-known, and the pandemic inflated the importance of tech artificially to some degree…
Isn't this frustrating? Employees of course have the bare the brunt, but god forbid its shareholders and executives that need to scale down their payouts.
Feels so incredibly backward.
And yes I know its "stock performance" but what do you think drives this? With executive compensation mostly related to stocks, of course at the end of the day, thats what they want to drive up.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#306Earlier quoted context omitted.
From a business perspective, this is great for Shopify. The labor market for software engineers has seriously softened as a result of all the layoffs. Go look at job openings and their posted salaries. When Shopify beings hiring again, they are going to be able to hire talent at a fraction of the price. Also, this is largely a coordinated effort from activist investors specifically targeting large tech salaries. E.g.…
Can anything be done?
Aside from unionizing, not much. Doesn't help that everyone that isn't working in tech thinks we're overpaid anyway.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#307Earlier quoted context omitted.
From a business perspective, this is great for Shopify. The labor market for software engineers has seriously softened as a result of all the layoffs. Go look at job openings and their posted salaries. When Shopify beings hiring again, they are going to be able to hire talent at a fraction of the price. Also, this is largely a coordinated effort from activist investors specifically targeting large tech salaries. E.g.…
It's not just tech compensation. The zeitgeist right now is that employee comp is/was simply too high. There have lots of murmurings lately that amount to that at many different levels of the capital chain. Perhaps what's interesting about now is that people are quite okay with saying it openly. Tech is an easy target since it is well-known, and the pandemic inflated the importance of tech artificially to some degree…
"Too high" = one of the only careers that wasn't completely soul crushing left.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#308I'll tell you a personal anecdote about Shopify and why I dislike the company. Back in 2019, I was contacted by Shopify for a job opportunity. After acing multiple remote interviews, their recruiter couldn't contain their excitement. They promised me an onsite interview to simply meet the team and potentially secure an offer. Imagine my surprise when, after enduring a 15-hour economy class flight with barely any time…
> They promised me an onsite interview to simply meet the team and potentially secure an offer. Was that your first tech onsite? The onsite is an interview you have to pass, you're not guaranteed an offer. Also why did you not bring your laptop to your tech interview lol Honestly, sucks to fly out far and get rejected but that's part of the process my guy. Most onsites are 5 back to back interviews.
> ...why did you not bring your laptop to your tech interview lol
I have several reasons for not bringing my personal hardware to a corporate interview, and a couple about the specific situation as described:
* I wouldn't travel with my laptop to an on-site that was described as a meet-and-greet.
* The recruiter promised suitable hardware would be available at the surprise technical on-site interview: "Despite my lack of a laptop, they assured me one would be provided."
* For many companies processing corporate data on personal, not-managed-by-the-business hardware is a firing offense.
* Grabassery happens, but if it's clear that my potential employer is an established company that is unable to plan ahead far enough to ensure that the interview has the hardware and personnel required for the interview, that's a _huge_ red flag for me... and one that's good to get out of the way early.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#309Earlier quoted context omitted.
I'm sorry to tell you this, but either your perception was wrong or your recruiter made a mistake. Remote interviews are generally phone screens. Aka just weeding out candidates. On site interviews are the real killer.
Well then Shopify should have better communicated and be better prepared, plus give the candidate enough time to recover from the flight. Bad form from Shopify if true...
They probably should do this, but if they have enough applicants for the job, this sort of "difficulty" itself is probably a useful filter to weed out those who can't put up with the pain.
That it is unpleasant for the potential hire doesn't really say much about the interests of Shopify. For senior engineers this probably is a bad strategy, but maybe not for entry-level or intermediate engineer who they will push around for a few years. Forcing you to jump through hoops may actually get them exactly the kind of employee they want.
Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics
#310Earlier quoted context omitted.
Can you share a bit about what they did well in the behavioral interviews? Do you have specific examples? Would love to learn some best practices
Shopify calls its first interview the "life story" interview, and (in my experience) it was a great place for me to talk about my career, reflect on past successes and mistakes, and demonstrate empathy and self-awareness.
That's really really cool.