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Spotify will reduce total headcount by approximately 17%

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Re: Spotify will reduce total headcount by approximately 17%

#871
post #745

Earlier quoted context omitted.

If you primarily listen to classical music, Apple's new Classical Music app (part of its Music subscription) is *fantastic*.

What's not fantastic is apple's lock down of their ecosystem. I'm not paying for some lacking android app by Apple.

The screenshots in the Play Store make it seem like the same app I see in iOS.

Re: Spotify will reduce total headcount by approximately 17%

#872

I didn’t know they have that many people (9000) to work for a single product. I’ve been a subscriber for more than 5 years and the app on the iPhone just gets worse everyday. Why? - daily updates is gone. This is where I can get a snapshot of all new releases from artists I love. I’m not sure if Release Calendar is the new one but I don’t bother to check. - I listen to classical and the song title naming is just subp…

> recently play list stopped syncing between my phone and my desktop app after 2022 for some reason. Is it a bug or they just stop doing this since it costs more to sync?

I thought this was just me. Defo a bug.

Re: Spotify will reduce total headcount by approximately 17%

#873

Earlier quoted context omitted.

Labour laws will apply, they probably can't just pick who they lay off. Maybe they have to let go the same proportion of people at all levels of seniority.

Yeah, where I live (NL), it's required to be something like "group people into roles, then let people go in reverse order of seniority (i.e. LIFO) within those roles."

It's the same approach in Sweden.

Re: Spotify will reduce total headcount by approximately 17%

#874

Earlier quoted context omitted.

25% market share is a bit lackluster, though? Podcasting has also been called the slowest growing new medium in the history of new media. I can't imagine it's earning its keep, relative to those big initial payouts. Meanwhile, the shows that are brought into subscription-only world systematically fail to attract new listeners; it is hard to use podcast exclusives to grow market share. Especially the talking head vari…

I both agree and disagree with you here. The expectation of the podcasting business to be full of great opportunities and monetary gain was (probably) misguided, but 25% market share in an established market in just a couple of years when there were big players holding a majority share is still a huge feat. Will it pay off? Probably not. But is 25% a big share? Yes.

Apple Music (Jun 2015) and Google Play Music (Nov 2011) launched after Spotify (Jul 2011 in the US). I think the 4 year delay by Apple is what allowed Spotify to become so popular in the first place.

https://en.wikipedia.org/wiki/Apple_Music

https://en.wikipedia.org/wiki/Google_Play_Music

https://en.wikipedia.org/wiki/Spotify

The problem for Spotify is that they need a far bigger share of the market to be able to have negotiating power against the 3 record labels that they have to buy the music from. Apple/Alphabet/Amazon do not care as much because re-selling the music at cost or even as a loss leader is not a big deal to them.

Re: Spotify will reduce total headcount by approximately 17%

#875

Looks like Benn Jordan's analysis on how Spotify will fail is slowly starting to materialize: https://www.youtube.com/watch?v=gDfNRWsMRsU

I'm a heavy user of spotify. Almost everyone I know uses it daily. I don't understand why they are not able to turn this much engagement into profit.

A huge amount of revenue goes into paying royalties

Re: Spotify will reduce total headcount by approximately 17%

#876

I didn’t know they have that many people (9000) to work for a single product. I’ve been a subscriber for more than 5 years and the app on the iPhone just gets worse everyday. Why? - daily updates is gone. This is where I can get a snapshot of all new releases from artists I love. I’m not sure if Release Calendar is the new one but I don’t bother to check. - I listen to classical and the song title naming is just subp…

Check out Idagio for classical. No affiliation.

Re: Spotify will reduce total headcount by approximately 17%

#877

Earlier quoted context omitted.

Spotify itself is not sustainable and going for the podcast crowed... I still think it was not a smart move... Its like that blue haired streamer going from twitch to what ever the msft clone of it was. Yes Spotify is super popular but I hear more and more people moving away from it to for example apple music or other services. They don't focus on the core anymore that much. For example they are super late on the los…

how much difference does lossless make on the typical headphones in use with mobile devices?

It made none for me, even with $400 corded headphones.

I recently ditched both Apple Music and Spotify and am using Youtube Music, which comes with Youtube Premium.

Re: Spotify will reduce total headcount by approximately 17%

#878

I wish CEOs would resign when layoffs happen. It should be like some governments where the whole cabinet resigns. If layoffs are a necessity, then the CEO and the top management should show the example and take responsibility for taking the company into the wrong direction, leading to layoffs. That would be fair and more understable than a "thank you for your hard work and commitment".

Business decisions are difficult. If the result of everyone that didn't pan out was "you are fired", no one would take any risk, decisions would take forever. It's so hard to fire people in France, that some large companies simply have a policy of "no france office".

[deleted]

Re: Spotify will reduce total headcount by approximately 17%

#879

I didn’t know they have that many people (9000) to work for a single product. I’ve been a subscriber for more than 5 years and the app on the iPhone just gets worse everyday. Why? - daily updates is gone. This is where I can get a snapshot of all new releases from artists I love. I’m not sure if Release Calendar is the new one but I don’t bother to check. - I listen to classical and the song title naming is just subp…

I think that beyond some relatively small number, engineering headcount functions as a demonstration of wealth - it doesn't actually make the product better, it doesn't make you ship faster (Brooks's law). but it makes you look big and important and justifies your market cap

Re: Spotify will reduce total headcount by approximately 17%

#880
post #425

>Severance pay: We will start with a baseline for all employees, with the average employee receiving approximately five months of severance. This will be calculated based on local notice period requirements and employee tenure. Is this a super vague way of saying we're letting go of the senior people with tenure first. The average severance being five months implies that most people being let go probably aren't the p…

“Bandmates” is bad, and dishonest. It’s like Pfizer calling every employee “doctors.” Stolen valor.
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