6% or 600 employees (src https://www.nytimes.com/2023/01/23/business/spotify-layoffs.html)

Software Engineer

They don’t even have $$$ for HiFi, but they expect us to pay more for podcasts. 

I have a love hate relationship with Spotify. Hope the folks who get dropped land up on their feet.

Customer Service

Spotify Layoffs

Spotify Layoffs- Grapevine

Spotify layoffs meme 😂😂

UX/UI Designer

Spotify is late to the party, but they are letting go 17% which is huge compared to others in one go. 
be careful with similar type of industry. pocket fm, Kuku fm perhaps?

Spotify layoff - 17% workforce

17% is huge, especially this late in the doom cycle  
 It feels like Spotify must be losing market share heavily against Apple Music, YT Music, etc.  
  
 The bundling of different subscriptions always wins over just separate standalone subscriptions

Corporate Strategist

Lawyer

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

Layoffs

Finance Operations

Tech is slowly realizing that Elon was right and a huge amount of overhead is not necessary to grow these companies when you actually manage teams properly.

The markets are savage, Spotify trading at 8% higher after laying off 17% workforce

Product Manager

A Bloomberg report revealed that Amazon has conducted yet another round of layoffs. And people working in its audio streaming platform have been affected. Sources told Bloomberg that employees from Amazon Music's editorial and audio content team have been given the pink slip.

An Amazon spokesperson told Bloomberg that the company has been keeping a close eye on their "organisational needs" and has been prioritising what matters the most to customers keeping the businesses long-term health in mind. To fulfil this, some roles in the Amazon Music Team have been eliminated. 

https://www.indiatoday.in/amp/technology/news/story/amazon-layoffs-continue-company-fires-people-from-amazon-music-team-2460707-2023-11-09

One more round of Amazon layoffs

Public Relations

The rock only gets bottomer for spotify free users 😭 spotify wrapped you’ll be missed 👍🏼

I was honestly okay with the ads, but this was my last straw lol

Spotify really be testing users’ patience

Marketing Associate

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.

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

Welcome to Indian Startups's Private Community

many companies are shutting down especially the named ones. many are close to getting shut. is there a good resource to track? want to keep it handy for future purposes. :)

which companies have shut shop in 2023 till now?

5% and 17% respectively. Is this a sign of more to come?

Twilio and Spotify laying off again

Mostly Technical Program Managers

Link : https://www.indiatoday.in/amp/technology/news/story/meta-fires-60-employees-at-instagram-giving-an-option-to-re-apply-or-get-laid-off-in-march-2487411-2024-01-11

Meta Layoffs (Instagram) ~ 60 employees

HR-Tech platform recently laid off 10% of their workforce and also announced pay cuts for the employees.

Funny how they boast about not having to layoff employees in media.

HackerEarth Layoffs

Analyst

Welcome to IT Company Discussion's Private Community

Spotify sticks to WFH

Actuarial Associate

Layoff

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One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well

Layoffs at pinelabs

Product Designer

Link : https://www.livemint.com/companies/news/snapchat-parent-snap-to-layoff-10-of-its-workforce-in-fresh-round-of-layoffs/amp-11707142788894.html

Snapchat layoffs - 529 employees

Layoff trend started by Elon Musk now has reached airlines as well.

SpiceJet layoff

Welcome to News Discussion's Private Community

Disney layoff 7000 employees as streaming subscription decline.

Disney Layoff

Project Coordinator

- Spotify remains committed to its 'work from anywhere' policy, contrasting with Amazon and Dell's push for office return.
- Spotify's HR chief, Katarina Berg, argues treating employees like adults includes respecting their work location choices.
- Despite collaboration challenges, Spotify has seen a 15% drop in attrition rates since implementing this policy.
- Other tech companies, like Airbnb, also continue to promote remote work.
- The trend towards office return, as seen with Amazon, is currently more of an outlier.

Source: [Fast Company](https://www.fastcompany.com/91205576/why-spotify-is-still-all-in-on-remote-work)

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