Spotify CEO Shocked That Laying Off 17% Of His Staff Presented A ‘Significant Challenge’ To Their Company
After taking some financial hits, Spotify announced that it was laying off 17% of its workforce. Now, they seem to be almost regretting that decision. According to the financial publication The Street, Spotify’s CEO, Daniel Ek, made the decision to lay off 17% of the company’s employees at the end of 2023.
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Spotify Chief Executive Daniel Ek described the job cuts on Spotify’s earnings call as a "significant challenge" that the ...
Spotify now has 615 million total monthly active users and 239 million premium subscribers (for context, the company had 96 ...
Many Spotify users have said their accounts were breached by hackers who changed their details and took control of the app.
Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December."It took us some time to find our ...
Spotify has not been able to get Apple to approve an EU app update that added information on subscription pricing and links ...
After a European Union ruling requiring in-app pricing information, Spotify claims Apple won't accept its new version.
Wall Street has been loving Spotify’s latest tune. The music streamer will need to keep its pitch perfect in the coming year.
A screenshot of the supposed new feature, an "age cap" restricting what people can listen to on Spotify, went viral on X ...
Spotify recently sent a new version of its iOS app in the European Union with in-app pricing information. However, in a ...
While all of this suggest that a few musicians still see an opportunity in a limited, direct-to-fans rollout rather than a ...
Spotify execs have vested more than $250 million in shares since January, after laying off 1,500 workers in December.
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