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.
While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show that retail theft has increased in some of California’s big cities — with shoplifting rates jumping nearly 50% in San Francisco since 2019 — while…
Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. David Cannon | Getty Images Tiger Woods’ 27-year partnership with Nike has come to an end. The superstar golfer announced the news in a statement Monday on social media platform X. “Phil…
The hard seltzer company White Claw has sparked a social media frenzy after releasing a new 0% alcohol variety pack with a hefty price tag. The drinks come in four flavors — black cherry cranberry, mango passionfruit, peach orange blossom and lime yuzu — and are designed to replicate the taste of the original White Claw Hard…
Walmart on Friday reversed their decision to remove all guns and ammunition displayed on the floor of its stores this week, amid concerns of civil unrest in major cities across the country after the killing of Black people by police. The major retailer had made a similar move in some of its stores in June…
Elon Musk fired back after a report claimed his illegal drug use at parties worried executives and board members of his companies, saying “not even trace quantities” of drugs were found in his system during three years of random testing. “After that one puff with Rogan, I agreed, at NASA’s request, to do 3 years…
The Ellon-based craft beer giant, which made a loss of £24m last year, says it needs to “maintain financial stability”.