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Tobi Lütke
Took responsibility for over-hiring in 2023 layoffs (20% cut). But continued aggressive cost cuts in 2024. Sold logistics business.
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Tobi Lütke — Layoffs: MIXED Took responsibility for over-hiring in 2023 layoffs (20% cut). But continued aggressive cost cuts in 2024. Sold logistics business. https://reciepts.tech/stance/339
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See all →Issued a company-wide mandate in April 2025 requiring employees to demonstrate AI cannot perform a role before requesting new hires, adding AI usage to performance reviews as a baseline expectation. Said: "Before asking for more headcount and resources, teams must demonstrate why they cannot get what they want done using AI." Framed Shopify as entering a phase where AI agents are teammates, not tools.