In Just Four Words, Shopify's CEO Taught a Leadership Lesson to Every CEO
What we can learn from Shopify's decision to lay off 10 percent of its workforce
For many of us, they are the 4 most difficult words to say to others. For high-powered billionaire CEOs - especially so.
"I got this wrong."
Shopify CEO Tobi Lütke issued a statement sharing the news about a sweeping set of layoffs to 10% of the Shopify's workforce, mainly in the recruiting, support, and sales departments. Over the last 2.5 years, Shopify capitalized on the boom in the e-commerce space, as lockdowns and closures spurred an uptick in online purchasing behaviors.
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