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What %age or numbers
6% or 600 employees (src https://www.nytimes.com/2023/01/23/business/spotify-layoffs.html)
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.
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 long picture is even more scary. Tech companies have realised they don't need as many people once the product is ...
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?
17% is huge, especially this late in the doom cycle It feels like Spotify must be losing market share heavily agai...
