Re:Shopify to cut 20% of its workforce, beats quarterly reve...
by cableshaft on Thursday May 04, 2023 @11:01AM
(#35816462)
Companies aren't limited to one software product. They often are, but they don't have to be.
How many software products has Google released over the years, which they're able to do so because they have a massive number of employees? More employees will allow for more products.
Whether it would be prudent or profitable to tackle more products is another story, but we're already talking about hypotheticals with 'infinite employees' here.
I do think there is room for 20% of its employees to work on other products that could integrate well with their vision and still be within the ecommerce realm. But that doesn't juice up their stock price right away.
How many software products has Google released over the years, which they're able to do so because they have a massive number of employees? More employees will allow for more products.
Whether it would be prudent or profitable to tackle more products is another story, but we're already talking about hypotheticals with 'infinite employees' here.
I do think there is room for 20% of its employees to work on other products that could integrate well with their vision and still be within the ecommerce realm. But that doesn't juice up their stock price right away.