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.
The Ellon-based craft beer giant, which made a loss of £24m last year, says it needs to “maintain financial stability”.
JPMorgan’s chief executive Jamie Dimon declared that “San Francisco is in far worse shape than New York” as he blasted major US cities for failing to “do a good job” when it comes to safety and housing shortages. “I think every city, like every country, should be thinking about what is it that makes an…
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
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Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared…
A Florida woman and 15 of her friends have reportedly tested positive with the coronavirus after a night out at a bar in Jacksonville Beach. “Welp, Florida opened back up & my ass should’ve stayed tf home this past weekend cause I just tested positive for the damn COVID,” she wrote on Facebook last week….