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.
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally.  Market Impact The Beijing bourse currently houses 232…
Many Main Street businesses could be playing with fire — literally — by not maintaining appropriate levels of business insurance coverage, especially given the spate of natural disasters affecting multiple areas of the U.S. Skimping on property damage and business interruption coverage is understandable to some extent, given the cost. While the price of a…
The Advertising Standards Authority ruled the ad was “irresponsible and likely to cause serious offence”.
Updated Jan. 8, 2024 11:17 am ET Travelers on Monday faced heavy flight cancellations by United and Alaska airlines, one of several ripple effects from the weekend grounding of the Boeing 737 MAX 9. United Airlines canceled more than 220 flights, or 8% of flights, Monday, according to flight tracker FlightAware. Alaska Airlines canceled about…
The spread of COVID-19, which has risen to 27,425 cases in Kenya since March 13, inspired scammers to create new variations. Frederick, another victim who declined to give his real name, is a waiter who lost his job in the wake of the pandemic. He fell for a coronavirus volunteer recruitment version of the scam,…
The worlds of high finance and high technology have often seemed like separate universes. Wall Street represents the traditional bastion of capital markets, investment firms, and regulatory frameworks, while Silicon Valley embodies innovation, risk-taking, and the fast-paced culture of startups. Yet in today’s global economy, the line between business and technology has blurred. Increasingly, Wall…