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Am I the only one who found Spotify CEO's response to layoffs horsesh*t

I mean I get where he's coming from. I have seen those *day in the life of a ___* videos and always wondered what work do these people even do? But isn't he also responsible for over hiring? That too for an industry that works on thin margins.

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BiryaniEnthu

Stealth

9 months ago

Dekho, he is making more money than all of us. He'll say whatever and we will listen
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Elon_Musk

X.com

9 months ago

The rich can do whatever the f they want and get away with it
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BladeRunner007

Fintech Startup

9 months ago

Nah bro, search what happened to John mcAfee and Jeffrey Epstein.
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backenddev

Razorpay

9 months ago

To an extent yes. The CEO is responsible for the layoffs and taking on more hiring. But in bull market, pretty much everyone overhired. It would most likely be more difficult to not over hire when everyone around you is scaling up people, tech, etc. Apple is the only exception I have found. Back in India, many startups have also gone through multiple firings except for a very few.
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Grub96

Student

9 months ago

Hmm so he cut off useless execs?
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BladeRunner007

Fintech Startup

9 months ago

Well it was around 15% of the total workforce so I guess execs were let fo off as well
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