Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
Like many workers, saving for retirement wasn’t a priority for Mark Zimmermann. The 72 year old thought he’d always run the family dairy farm in Wisconsin, but that didn’t go as planned. “I struggled farming, I had too many disasters and was never able to put any money away,” Zimmermann told CNBC, speaking from an…
AutomotiveBusiness & Finance 28 November 2023, 4:40 am 1 minute Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the…
The most frustrating thing about America’s failure to rein in drug prices is that a weapon against Big Pharma’s profiteering has been hiding in plain sight — and never used — for more than 40 years. But it’s now being unsheathed by the Biden White House. We’re talking about a provision of the Bayh-Dole Act…
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing has given airlines instructions on…
Strike 3 Holdings is a Southern California maker of pornographic films that identifies its products as “high-end, artistic, and performer-inspiring motion pictures produced with a Hollywood style budget and quality.” It has bragged that Greg Lansky, a former owner and the firm’s leading auteur, has been called the porn industry’s “answer to Steven Spielberg.” There’s…
Andrew, 35, Oregon Employment status: I work in the service industry — business dining, to be more specific. I was placed on furlough as of June 1, with our employer picking up health care premiums through the end of August, if you are on their plans. Luckily, I am on my wife’s plan which not…