You Searched For "Spotify layoffs" and got 18 results
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2 mins read
Spotify CEO Daniel Ek acknowledges that mass layoffs posed a 'significant challenge' for day-to-day operations
"It took us some time to find our footing," Spotify chief Daniel Ek told investors in an earnings c…
Kwan Wei Kevin Tan
1 min read
Spotify is being hammered for wrapping 2023 with big layoffs just before Christmas
"That puts you in the top 3% of biggest layoffs this year from a tech company," one user wrote on X…
Kai Xiang Teo
2 mins read
Spotify's layoffs show there's a debt-market time bomb awaiting many companies
Spotify cut 1,500 jobs Monday – and CEO Daniel Ek pointed to higher debt-refinancing costs as one f…
George Glover
4 mins read
Layoffs are a nightmare for employees, but Wall Street loves them
Companies with strong profits are letting workers go to prove to Wall Street that they're serious a…
Emily Stewart
5 mins read
Spotify employees question lavish spending on events while the company lays off thousands
Amid layoffs, Spotify remains committed to extravagant events, sparking debate about the company's …
Jyoti Mann
3 mins read
Spotify's CEO sent a memo announcing layoffs. It also contained 'a powerful example of toxic positivity.'
Daniel Ek would have been wise to display empathy and explain how cutting about 6% of Spotify emplo…
Shana Lebowitz
2 mins read
Spotify ditches popular podcasts 'Heavyweight' and 'Stolen' as CEO doubles down on cost-cutting
Daniel Ek appears determined to make the company "relentlessly resourceful," following announcement…
Jyoti Mann
1 min read
Spotify's former podcast boss calls out the company for setting 'money on fire' with costly celeb deals
Lydia Polgreen, a former Gimlet Media exec, slammed Spotify's Heavyweight and Stolen cancellations.
Sarah Jackson
3 mins read
Spotify CEO Daniel Ek sure sounds like he's blaming his 1,500 job cuts on fake work and amateur execs
Ek was surprisingly blunt about why he was axing staff and losing his CFO.
Hasan Chowdhury
1 min read
Spotify kills 11 original podcasts, lays off less than 5% staffers
Leading music streaming platform Spotify is shuttering 11 original podcasts from its in-house studi…
6 mins read
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'
Spotify CEO Daniel Ek told employees in an email announcing the layoffs that "many smart, talented …
Jyoti Mann
1 min read
Spotify adds audio enhancement for podcast creators
Music streaming platform Spotify has added a one-button voice isolation feature in its Anchor app f…
3 mins read
Welcome to post-layoff Google — starting with a tense, all-hands meeting
Googlers were told to wait until Monday's town hall to ask questions: Why didn't managers know abou…
Diamond Naga Siu
2 mins read
US stocks rise as investors assess widespread tech layoffs and brace for more earnings
Of the 57 S&P 500 companies that have reported earnings so far, 67% beat profit estimates by a medi…
Matthew Fox
1 min read
Spotify is laying off around 6% of its workforce about 600 employees — as tech job cuts continue to mount
In a memo to Spotify staff Monday, CEO Daniel Ek said: "I take full accountability for the moves th…
Kate Duffy
1 min read
Peloton has reportedly lost a further 3 senior execs amid a wide-ranging shake-up at the struggling fitness company
Peloton's chief supply chain, operations, and business officers have departed, Bloomberg reports. L…
Mary Hanbury
2 mins read
Outgoing Peloton CEO John Foley takes the blame for Peloton's crash: 'We own this. I own this.'
"We've made missteps along the way," Foley said in his final investor call as Peloton CEO on Tuesda…
Ben Gilbert
3 mins read
Meet Peloton's new CEO, an ex-Spotify exec taking the helm amid major cuts and investor pressure
The new CEO will oversee big job cuts and handle investor pressure on the embattled fitness company.