“You can’t spend a lot of time hiring grown-ups and then treat them like children,” says Katarina Berg, Spotify’s CHRO. While she says she understands why some companies have returned to the office, “they are going back to what they know”, Berg is... — read more
Good to know we were laid off for a good cause
As long as the company is achieving record profit, we know we lost our livelihoods to support the right cause! Am I right, or what? Sarcasm aside, this news makes me sick to my stomach. Knowing that the hire-ups are being rewarded for destroying so... — read more
Spotify Stock Pops On Quarterly Numbers
Shares of giant music streamer Spotify have jumped 13% in pre-market trading as the company grew premium, subscribers, revenue and profit for the second quarter ended in June. Monthly active users rose 14% to 626 million and expanded across all... — read more
More layoffs at Spotify
This is a smaller round, but it just goes to show that we're never truly free of layoffs. Spotify management has completely lost its moral compass and all they know to do is cut hardworking people so they can fatten their own wallets. I need a new... — read more
Who would have thought...other than anybody with half a brain
Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s... — read more
Spotify Gains 10 Million Premium Subscribers as Revenue Rises 16% in Q4, Incurs Charge for Mass Layoffs
Spotify pulled in more than new listeners than it expected for the fourth quarter, as the streamer narrowed its net loss and took a charge related to mass layoffs at the end of 2023 to cut... — read more