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Spotify’s decision to lay off 17% of its staff is the leading technology story of the morning, and I wouldn’t fault you if you were a little confused why it is doing so. After all, the music ...
By Amanda Holpuch Spotify, the audio streaming platform, said on Monday that it planned to lay off about 200 people ... helps people confront unresolved issues from their pasts.
'I was too ambitious': Spotify CEO announces layoffs among 6% of employees as tech job cuts continue
Play the USA TODAY Daily Crossword Puzzle. Ek wrote that, while many may view the layoffs as a shift in Spotify’s culture and “historic focus on growth,” he believes “this decision is ...
The Swedish audio streaming and media service posted on X just before 10 a.m. ET that it is aware of the issues ... user posted on Spotify's community page. SPOTIFY CEO SAYS LAYOFFS BROUGHT ...
Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision'
Spotify CEO Daniel Ek on Tuesday acknowledged that layoffs the audio streaming giant implemented in December affected production in the company's first quarter. Ek described the job cuts on ...
Need a break? Play the USA TODAY Daily Crossword Puzzle. Previously: Spotify CEO says 'I was too ambitious' in announcing layoffs among 6% of employees According to the note from Ek, all affected ...
When The Post reached out to Spotify for comment, a company spokesperson declined to say how many positions the latest round of layoffs would be affecting. The Stockholm, Sweden-based company has ...
Spotify will lay off some 6% of its 6,600-strong workforce ... Spotify missed its earnings-per-share targets in both the second and third quarters of this fiscal year, though it barely beat ...
I then used a 25% EPS annual growth rate as my average ... if we can tolerate some price turbulence due to valuation concerns, my analyst rating for Spotify stock is a Hold. Analyst’s Disclosure ...
The announcement of the layoffs has raised concerns about the potential impact on Spotify’s workforce and the broader music industry. The affected employees will face the challenge of finding ...
Amazon’s Audible is feeling the heat as Spotify, the music streaming giant, takes a giant leap into the ever-expanding world of audiobooks. The concerns ... which included layoffs, low staff ...
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