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Shopify CEO Says We Have Seen the End of ‘Office Centricity’

May.21 — Shopify Inc. Chief Executive Officer Tobi Lutke says we must reimagine what work will look like for to the future, adding he expects only 20-25% of his company’s employees to work in its offices. He spoke May 15 with Bloomberg’s Emily Chang.

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May.21 — Shopify Inc. Chief Executive Officer Tobi Lutke says we must reimagine what work will look like for to the future, adding he expects only 20-25% of his company’s employees to work in its offices. He spoke May 15 with Bloomberg’s Emily Chang.

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8 Comments

8 Comments

  1. Helemmelek and Zahay

    May 21, 2020 at 4:49 pm

    It means GOOD JOB and I’m just sprinkling cinnamon

    WOOF ❤❤❤❤❤❤❤❤❤❤❤❤❤

  2. YourACherrynut

    May 21, 2020 at 5:00 pm

    Wfh doesn’t work for a lot of people (kids, distractions, etc.) so I don’t think it’s a sustainable model in the long-run. Once COVID-19 is completely over, we’ll be back in the office. Moreover, not all meetings are suitable for virtual meetings, the face to face, in-person element is necessary.

    • K C

      May 21, 2020 at 5:12 pm

      You have a point but a lot of companies are now noticing the benefits of having their employees WFH. No office rent, electricity, water and wifi costs to pay for. Employees that can’t work from home will probably be encouraged to find a co-working space

    • YourACherrynut

      May 21, 2020 at 5:40 pm

      @K C That may be true but not sure how that will impact employee morale – some, perhaps most, prefer to work in the office and are more productive in the office. Best case scenario is that COVID-19 has accelerated the opportunity for wfh which means more flexibility for the employee to choose between the office and work from home. But if it’s WFH or nothing, then I think that model will run into problems.

    • R B Enterprises

      May 21, 2020 at 7:46 pm

      That’s he is saying only 20-25% of people will go to office. Many myself included still prefer WFH. True there will always be meetings that can’t be done virtually and for that employees will come once in a while to offices but not every single day.

  3. Js X

    May 21, 2020 at 5:18 pm

    ceo beautiful

  4. MauOnline

    May 21, 2020 at 6:13 pm

    What he’s saying is kind of obvious. Some companies are even surprised of the ratio of productivity versus the cost savings in getting whole buildings up and running 24/7. What’s for sure is there is no way back, at least not without taking in account this type of unprecedented issues, building new businesse continuation policies. In the first days of the global lock down home offices goods did well on Amazon etc.

    • xxx l

      May 21, 2020 at 8:36 pm

      I have a severe depression recently at home. Home officing doesn’t work for every one.

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted.
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