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Spotify reducing employee base by about 6%

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Re: Spotify reducing employee base by about 6%

#461
post #95

The tide is turning; tech owners are attempting to curtail the high costs of labor in the software industry. The only way for labor to fight back is to stand together and form a union.

I'm not sure that collective bargaining would be helpful for most tech workers -- there's such a large diversity in individual skills and productivity that negotiating for yourself seems to make more sense.

Moreso than professional sports or actors?

Re: Spotify reducing employee base by about 6%

#462

Earlier quoted context omitted.

You arrived at this conclusion anecdotally. You can't do your best work with a constant cloud hanging over you, doesn't matter who you are.

Morale hits are real, but tend to fade if people feel confident that they’ve survived another day.

No they don't, because you never know if you're next. I have a bunch of friends at Google (you know, one of the richest companies on the planet and 94% 'survived' another day). Many are scared. You don't know if there'll be another round and if you're in it. People aren't now magically more productive because they survived and their peers didn't.

Re: Spotify reducing employee base by about 6%

#463
post #119

Earlier quoted context omitted.

The constant moving of the Netflix "currently watching" pane is a huge annoyance for me, especially because it looks the same as every other pane ("horror films", "British comedy" etc). My grandma can't figure it out, she needs to be able to press the same buttons every time she goes on the app and Netflix doesn't let her do that.

Not even episode syncing works (for me). I clearly finished watching an episode yet regularly on another device the next episode would be the one I already watched. Just one of many basic things that doesn't work. I forgot to add that not only will they change "currently playing" every 3 secs, also the cover art of each series changes, as an A/B test. So if you use that as a visual confirmation, well tough luck. In t…

Agree about the syncing - its not just you. I click on "Continue Watching" for a TV series that I have been watching - only to realize about a minute or so into it that I had already seen the episode the previous day. This has happened to me so many times that I would have wasted close to an hour just moving back and forth between episodes.

Re: Spotify reducing employee base by about 6%

#464
post #462

Earlier quoted context omitted.

Morale hits are real, but tend to fade if people feel confident that they’ve survived another day.

No they don't, because you never know if you're next. I have a bunch of friends at Google (you know, one of the richest companies on the planet and 94% 'survived' another day). Many are scared. You don't know if there'll be another round and if you're in it. People aren't now magically more productive because they survived and their peers didn't.

The layoffs were literally two business days ago..

Re: Spotify reducing employee base by about 6%

#465

Earlier quoted context omitted.

Who benefitted from the mass hirings? Stock holders, and also workers. Did the workers complain when the job market (esp in tech) was on fire and wages were increasing? No. Did they blame the people at the top for their new job and wages? No. But, now they want to blame leaders when there are mass layoffs. I think the blame is misplaced. The root cause was the stock market, and better yet blame the fed. The incentive…

Recruiters have reached out to you from two different companies. Company A and Company B are both offering compensation greater than you're currently making (which is almost always true for most workers), and you ask questions about the viability of the company (hugely profitable) and the job (very much needed). On what basis are you to know that despite being hugely profitable, Company A is going to get rid of 28,00…

> Company A is going to get rid of 28,000 employees, while Company B is instead going to cut CEO compensation by 40%? How can you be sure whether you're joining Alphabet or Apple?

As a recently ex-alphabet employee: apple never went on a hiring spree.

They had restraint the last few years, with a significantly smaller workforce, and the result is (hopefully) no layoffs.

Fast money moves quickly and it might move away from you.

We should also be talking about Yelp at the start of the pandemic, who was predictably in a precarious situation. They offered to employ people part time (and still do) instead of mass layoffs. You can work as an SDE at 80% time instead, which gives you a stable (but smaller) income in a scary time, and it gives the employer a discount to save without layoffs.

Personally, I would take 80% or maybe even 60% time at my old Google job over a layoff. Everyone comments about “rest and vest” anyways, so 75% may be perceived as appropriate anyways.

Re: Spotify reducing employee base by about 6%

#466

Earlier quoted context omitted.

Morale hits are real, but tend to fade if people feel confident that they’ve survived another day.

Layoffs result in a 30% increase in staff turnover. As markets tend to be more challenging, it can take some months before people actually leave. This can have a knock on effect, especially if senior and respected staff leave.

Where will the senior and respected staff go? To other companies where they won’t be senior and respected

Re: Spotify reducing employee base by about 6%

#467
post #31

Earlier quoted context omitted.

"How can such a simple concept (listen to music) get so many basics so wrong and have such glaring bugs?" Spotify internally has a model where they have a large number of small teams where each is responsible for only a tiny part of the experience. Possibly this leads to a lack of a coherent experience. The other factor may be the constant experimentation. Frankly, 20-30 year old media players were better. So what th…

Anecdotally I disagree. I think I have a pretty eclectic taste, and spotify has helped me discover tons of new songs, but also still keeps my daily mixes coherent. I find myself listening to their autogenerated ones most of the time since they are very easy to craft and extend.

I also love spotify as a general product. But the UX grievances are fair and representative of tge standard product thrash where far too many people are involved in making design decisions that ultimately end up punishing users

Re: Spotify reducing employee base by about 6%

#468

Earlier quoted context omitted.

The cost picture is as follows: money saved on staff reduction - money spent on layoff packages - (temporary reduction in productivity, because of lower staff morale) Research shows there is no long-term benefit of layoffs other than the short-term gain in cash flow. Layoffs are only beneficial if they are needed for survival of the company

Lower productivity is highly questionable. I’ve really only seen layoffs boost productivity. Suddenly there is less overhead and fewer cooks-in-the-kitchen. Morale hits are real, but tend to fade if people feel confident that they’ve survived another day.

Almost every round of layoffs I've seen has resulted in people doing pointless bullshit to "look busy" while not actually doing anything.

Re: Spotify reducing employee base by about 6%

#469

Earlier quoted context omitted.

Layoffs result in a 30% increase in staff turnover. As markets tend to be more challenging, it can take some months before people actually leave. This can have a knock on effect, especially if senior and respected staff leave.

Where will the senior and respected staff go? To other companies where they won’t be senior and respected

Other companies tend to know that poaching season is at it's finest after a round of layoffs.

People who weren't pushed will be considering jumping.

Re: Spotify reducing employee base by about 6%

#470
post #236

Earlier quoted context omitted.

I don't stay after a big round of layoffs for the same reason I'd rather buy stocks when they look like they're going up, not down. The company is signaling that it is not doing well - why shouldn't I leave for a company that is doing well? The only way I'll stay is if you want me to be part of a real plan to turn things around. And my involvement in that has to be rewarded - not just at the successful end of that pr…

I’m assuming that with the major tech companies all laying off it becomes difficult to find another gig.

Mid size companies in the b2b space are still hiring. Companies that consumers will never have heard of.
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