Spotify Lays Off 1,500 as Revenues Climb
Spotify suddenly started making a profit in the past few months, but CEO Daniel Ek said "being lean is... a necessity."
Source: gizmodo.com
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Spotify Makes 1,600 Jobs Redundant
Spotify CEO Daniel Ek said the job cuts were necessary to stay profitable amid setbacks in its podcast department six months ago.
Source: hngn.com
Spotify cuts around 1,500 jobs as growth slows
Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.Ek said the company now finds itself in a very different environment, noting that "economic growth has slowed dramatically and capital has become more expensive."
Source: yahoo.com
Bitcoin shot past $41,000 for the first time since April 2022
Plus: Wages hotter than takeout food.
Source: qz.com
Spotify is laying off 1,500 people, or 17% of its workforce
The music streamer is letting go another 1,500 employees, or 17% of its workforce
Source: qz.com