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Spotify Technology stock has been soaring, and some Wall Street analysts expect the shares to hit even more records. The S&P ...
Spotify this week laid off 15 employees in its podcast division, spanning The Ringer and Spotify Studios, Variety has ...
Spotify, once the undisputed leader of the music streaming world, is now facing a major crisis. Despite its dominance, ...
The Spotify layoffs at its podcast studio and The Ringer platform hint at shifting priorities at the streaming company.
(Image courtesy of Spotify) Spotify CEO Daniel Ek shared a memo with employees on Dec. 4 announcing layoffs to reduce operating costs. Ek confirmed that this month’s layoffs were part of an ...
But it was just days after Wrapped came out that Spotify made such staggering layoffs. “The people like me who worked on Wrapped and then got laid off had like, half a week to bask in the work ...
Spotify has eliminated 200 roles ... about 200 roles in its podcast division and “other functions.” The layoffs amount to about a 2 percent cut to the company’s workforce, he said.
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 ...
Spotify has made another round of cuts to its podcast division, trimming 15 staffers this week across The Ringer and Spotify Studios.
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 ...
have announced layoffs this year. Other media companies, such as Amazon, SiriusXM and NPR, have cut podcast budgets in the last year. Spotify laid off dozens of podcast workers at Gimlet and ...
Spotify's cost cuts, user growth, strategic price hikes, and improving margins drive profitability and resilience. See why SPOT stock is rated a strong buy.