221–230 of 1001 posts
Super good time to announce layoffs, at the start of the month where everyone is preparing for time off and holidays.
Announced now, people can at least try to scale back Christmas and NYE plans if necessary.
Earlier quoted context omitted.
> 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?
imho, I'd pay extra for a good NATIVE spotify client for the mac
Earlier quoted context omitted.
[flagged]
Relax, I was being hyperbolic. Does spotify need 20x more employees than Valve/STEAM? How's twitter working with 80% less employees? Sure it's worth less, but it works mostly fine. Yes spotify needs more than 10 employees, but did it need 10000? After these rounds of cuts, will it still need 7500 next year? I surmise it can settle much lower than what people expect, and maybe their service/product would have been bet…
The difference is the person you’re responding to doesn’t claim to know the answer to something it’s almost impossible for either of you to know the answer (unless you have inside knowledge or have done a deep dive on Spotify).
> How's twitter working with 80% less employees?
Extremely poorly. It’s hemorrhaging money and it’s hemorrhaging users. Competitors are arising where almost none existed for about a decade and a half.
The point of having employees in a major platform based company isn’t just to “work fine”, but to out compete massive trillion dollar companies while at the same time fending off tiny 2-3 person startups which may come with a completely new idea or approach out of nowhere. Twitter’s reduced workforce only allows it to exist but has made it extremely hard to actually defend from those forces.
And to the extent it is succeeding to retain any users it’s almost entirely because of the advantages built by the company when it had a much larger workforce.
The only caveat I will add is that a lot of tech companies over hired during the pandemic due to FOMO more than anything else, and we know this because most of their CEOs have said as much.
Earlier quoted context omitted.
Would love a tl;dw. How does he predict the fail will materialize?
Here's what Bard says: "The video starts by talking about how Spotify has become the dominant force in the music industry. In 2018, Spotify had over 200 million users and was paying out over $5 billion in royalties to artists. However, the video also points out that Spotify is not a very profitable company. In fact, Spotify has lost money every year since it was founded in 2006. So, how does Spotify make money? The a…
I switched back to albums, and can thankfully pick clients that suit my taste.
* https://gitlab.com/souch/SMP for Android
* https://apps.gnome.org/Amberol/ for desktop Linux
Beets and rsync manage tags and distribution.
Earlier quoted context omitted.
Would love a tl;dw. How does he predict the fail will materialize?
Here's what Bard says: "The video starts by talking about how Spotify has become the dominant force in the music industry. In 2018, Spotify had over 200 million users and was paying out over $5 billion in royalties to artists. However, the video also points out that Spotify is not a very profitable company. In fact, Spotify has lost money every year since it was founded in 2006. So, how does Spotify make money? The a…
This differs from e.g. Google that runs a large ad platform used not only by several of their own services, but also external products and services (other websites and apps).
Super good time to announce layoffs, at the start of the month where everyone is preparing for time off and holidays.
Yep. Maximizing fuck-over of employees. Tech workers need to stop working for corporations they don't own, aren't seeing the profits of, and who will just throw them away at any moment. The solution are businesses in the form of employee-owned co-ops and organized labor.
Looks like Benn Jordan's analysis on how Spotify will fail is slowly starting to materialize: https://www.youtube.com/watch?v=gDfNRWsMRsU
Super good time to announce layoffs, at the start of the month where everyone is preparing for time off and holidays.
It’s unfortunately common when financial end of year is around the same time. Announced now, people can at least try to scale back Christmas and NYE plans if necessary.