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.
A shift in demographics. Affordable apartments transformed into luxury condos. A coffee shop called something like “Brew Slut.” The signs of gentrification take many forms. A newly opened art gallery can serve both as a communal space and a harbinger of the displacement to come. Remodeled homes might boost a street’s curb appeal but then…
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…
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
A top Facebook executive in India has apologized to Muslims in the company for sharing a post on her Facebook page that called India’s Muslims a “degenerate community” for whom “nothing except purity of religion and implementation of Shariah matter.” “Dear friends – The intent of my personal Facebook post was not to denigrate Islam,”…
Hacked accounts pinned the tweets promoting the giveaway scam to the top of their profiles or retweeted the posts. Other accounts that were hit included rappers Wiz Khalifa and the late XXXTentacion; boxer Floyd Mayweather; and billionaires Jeff Bezos, Michael Bloomberg, and Warren Buffett. “Twitter locked down the account immediately following the breach and removed…
As Amazon and other big businesses ramp up efforts to reduce their carbon footprint, they’re putting pressure on their suppliers to do the same, and those who don’t may pay a big price. Starting in 2024, Amazon will require suppliers to share their emissions data, set emissions goals, and report on their progress, the e-commerce…