Spotify's stock is surging
None Spotify CEO Daniel Ek has sold $176.3 million worth of stock this year. • None The company's shares have leaped 60% year to date. • None Ek isn't the…
Source: biztoc.com
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Top News In None Spotify Today - Breaking & Trending Today
Spotify's layoffs show there's a debt-market time bomb awaiting many companies
None Spotify cut 1,500 jobs – or around 17% of its employees – Monday. • None CEO Daniel Ek pointed to higher debt-refinancing costs as one factor driving the…
Source: biztoc.com
Spotify's former podcast boss calls out the company for setting 'money on fire' with costly celeb deals
None Spotify 'lit money on fire' with celeb podcasting deals, says the former boss of its podcast studio. • None Lydia Polgreen, formerly managing director of…
Source: biztoc.com
Spotify ditches popular podcasts 'Heavyweight' and 'Stolen' as CEO doubles down on cost-cutting
None Spotify is cutting two big podcasts, "Heavyweight" and "Stolen," Bloomberg reported. • None CEO Daniel Ek has his eyes firmly set on making the company…
Source: biztoc.com
Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity'
None Spotify is reducing about 17% of its headcount – around 1500 employees. • None CEO Daniel Ek told employees in a memo they would get an email from HR in…
Source: biztoc.com