Thread regarding Spotify layoffs

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 expenses.

https://variety.com/2024/digital/news/spotify-q4-2023-earnings-results-1235898719/

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