There were 1,600 people at Spotify?
Spotify will reduce total headcount by approximately 17%
131–140 of 601 posts
Re: Spotify will reduce total headcount by approximately 17%
#132There were 1,600 people at Spotify?
> Spotify reported that it had 9,400 employees at the end of the third quarter of 2023. It had already cut back employee numbers by 6% in January and by a further 2% in June.
Re: Spotify will reduce total headcount by approximately 17%
#133This isn't about rising costs though, this is about the labels and shareholders being greedy and wanting an even bigger piece of the cake that is already massive.
Meanwhile artists are getting paid next to nothing and now even workers are getting the short end of the stick.
Re: Spotify will reduce total headcount by approximately 17%
#134There were 1,600 people at Spotify?
> Spotify reported that it had 9,400 employees at the end of the third quarter of 2023. It had already cut back employee numbers by 6% in January and by a further 2% in June.
I'm also curious what they need 10k people for. What of the business is so labor-intensive?
Re: Spotify will reduce total headcount by approximately 17%
#135There were 1,600 people at Spotify?
From the article:
Spotify reported that it had 9,400 employees at the end of the third quarter of 2023. It had already cut back employee numbers by 6% in January and by a further 2% in June.
Re: Spotify will reduce total headcount by approximately 17%
#136Looks like Benn Jordan's analysis on how Spotify will fail is slowly starting to materialize:
Re: Spotify will reduce total headcount by approximately 17%
#137There were 1,600 people at Spotify?
> Spotify reported that it had 9,400 employees at the end of the third quarter of 2023. It had already cut back employee numbers by 6% in January and by a further 2% in June.
I wonder what they were all doing. Their special apps, like the iWatch, are below par and they are pretty much the last service that doesn't offer HQ audio. AI does most of the editorial playlist generation. What are nearly 10K people doing?
Re: Spotify will reduce total headcount by approximately 17%
#138This isn't about rising costs though, this is about the labels and shareholders being greedy and wanting an even bigger piece of the cake that is already massive. Meanwhile artists are getting paid next to nothing and now even workers are getting the short end of the stick.
Are you not aware how dire inflation and the very high interest rate make the current situation?
Re: Spotify will reduce total headcount by approximately 17%
#139A few days ago I received "Pay one month, get 3 months" promotion (disclaimer: Accepted). That explains the picture.
Re: Spotify will reduce total headcount by approximately 17%
#140Looks like Benn Jordan's analysis on how Spotify will fail is slowly starting to materialize: https://www.youtube.com/watch?v=gDfNRWsMRsU
Would love a tl;dw. How does he predict the fail will materialize?