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Posted on September 05, 2022

Shopify adds to recent layoffs while boosting pay for many remaining employees

Shopify adds to recent layoffs while boosting pay for many remaining employees

Those sizable increases are separate from the automatic salary bumps of the company’s compensation overhaul, which started being rolled out in August and will fully come into effect in September. It will allow employees to decide how much of their salary is paid in stock and how much in cash, while keeping their base wages the same.

Economic uncertainty stemming from fears of a looming recession, i