Shopify to close offices until 2021, with most employees expected to work permanently from home

of a much-hyped technology-first development on the Toronto waterfront, citing uncertainty in the local commercial property market.

Shopify said Thursday that it would retain offices across the country as “recruitment hubs” but would not expect employees to regularly show up in person. This will allow the company to hire people no matter where they live, the company said, while redesigning its office spaces to allow those people to come in and collaborate when necessary.

The novel coronavirus pandemic has pushed many businesses onto the internet after years of holding out. With online stores as its key offering, Shopify has benefitted immensely from this shift, pushing its market capitalization to $128-billion., it said it would offer deposit accounts and payment cards to small-business owners, as well as a partnership with Facebook Inc. to launch a tool to for merchants to launch digital storefronts on Facebook and Instagram.

“A common misconception about company culture is that if you have a good one, you have to hold on to it,” Mr. Lutke said. “I believe this to be wrong. If you want to have a great culture, the trick is to evolve it forward with your environment. Take the best things with you from version to version.” Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

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Shopify says most employees will permanently work remotely following COVID-19Shopify founder and CEO Tobi Lutke says 'as of today, Shopify is a digital by default company', and offices will remain closed until 2021. Its like night and day..no 3 hr commute.. much more productive..better home life balance..more focused at home..no gossipy chitter chat..never want to go back to the office workingfromhome
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