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.
“Testing is important and extracting people who test positive is important, but people rely too heavily on testing. They’re lulled into a false sense of security by thinking that everyone on set is tested so they are safe, when the testing is only a snapshot. It’s just a moment in time,” the Warner Bros. employee…
If you’ve spent any amount of time on TikTok or talking to your 12-year-old niece, you’ve probably heard of the Stanley cup by now. The 40 oz. insulated tumbler with a handle has led to long lines, fights and a crazy resale market. We’re only 11 days into the new year, and already some marketers…
Looking to salvage the deal before completely giving it the axe, Michaela tried to bargain with Netflix to at least retain five percent of her rights — eventually asking for as little as two percent. There was just silence on the phone. And she said, “It’s not how we do things here. Nobody does that,…
A trade group representing some of the largest social media platforms including Facebook, Instagram, TikTok and X is suing Ohio after the state enacted a law that requires children under the age of 16 to get their parents’ consent before opening an account. The NetChoice trade group wants the US District Court for the Southern…
Guy Gittins, chief executive of Foxton’s, London’s biggest estate agent, told the BBC’s Today programme there had been a “huge movement in confidence” late last year with the more new buyers registering compared to the same period in 2023. “I think the prices that we’re achieving at the moment in the UK are relatively steady,…
“Furthermore, by their own admission, the Abu Dhabi investor has no editorial experience or interest in getting involved unlike Rupert Murdoch, who is a journalist down to his fingertips or previous owners of the Telegraph, such as Conrad Black, and indeed the current ownership,” he added.