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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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Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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