“In a regulatory filing made in May, Shopify revealed that Lutke collected just over $20.0 million in total compensation in 2022, on par with the $20.0 million he collected in 2021, and an increase over the $15.1 million he made in 2020.”
Shopify promised job security in early 2022 and ran massive layoffs that July. Per the employee who broke an NDA to say so, support went to cheap contractors and an AI help agent still in beta. Merchants now wait hours for answers and the fraud teams are swamped. Tobi Lutke’s pay stayed at $20 million through all of it.