Shopify layoff comes as some say it’s taking longer for people to find jobs

Shopify Inc.’s layoff this week will add a slew of recent staff to the job-hunting pool at a time when specialists say candidates are taking longer to search out their subsequent gig.

April Hicke says she’s seeing tech staff in Toronto spend six months between jobs, whereas these in Calgary are ready 9 months.

Whereas staff had been leaping to roles that might pay them $60,000 to $100,000 extra on the top of the pandemic, the co-founder of ladies’s tech and hiring collective Toast now sees some taking pay cuts of 10 to twenty per cent.

However, Hicke and Future Skills Centre director of analysis Tricia Williams agree that tech staff are nonetheless in excessive demand in Canada.

Williams believes the addition of newly-laid off Shopify workers received’t change the labour panorama that a lot, although she says many of those staff will discover tech-related jobs at different industries.

Shopify’s layoff introduced Thursday ensnared 20 per cent of the e-commerce software program firm’s staff and comes nearly a 12 months after the business decreased its head depend by 10 per cent.

This report by The Canadian Press was first revealed May 5, 2023.