Page 2 - Aniel Ek News Today

The billionaire entrepreneur's remarks came in response to a statement by Spotify CEO Daniel Ek on X, where Ek criticised Apple's DMA announcement as "at best vague and misleading."

Daniel Ek said he's one of the least powerful people at the streaming giant — but the numbers tell a different story

A collection of our best posts of the week in business news

The CFO reshuffle comes after boss Daniel Ek announced the company’s biggest-ever layoffs to return to its roots as a lean and scrappy underdog.

Paul Vogel's last day at the Swedish streamer will be Mar. 31, 2024

Plus: Off-hours issues and lots of sparkle this week in The Memo

Tech layoffs are everywhere this 2023, and Spotify is not yet done to end the year with a bang. A new report says it is axing 17% of its workforce as part of a further adjustment.

Spotify CEO Daniel Ek said the job cuts were necessary to stay profitable amid setbacks in its podcast department six months ago.

Plus: Wages hotter than takeout food.

The laid off staffers amounts to 17 per cent of Spotifys global workforce