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 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…
A post for anyone who is still scared to get the baby Jesus in the Rosca. View Entire Post ›
For most of modern history, where people lived was closely tied to where they worked. Careers, housing, and geography were intertwined, often forcing individuals to choose opportunity over lifestyle or affordability. Remote work has begun to dismantle that relationship, and in doing so, it is quietly reshaping global migration patterns in ways that extend far…
Boeing CEO Dave Calhoun said the company acknowledges “our mistake,” after a door plug on a 737 Max 9 blew out in the middle of an Alaska Airlines flight, creating a gaping hole in the fuselage and prompting a grounding of that aircraft type by federal regulations. The Federal Aviation Administration grounded the 737 Max…
Online marketplace eBay has been ordered to cough up $3 million to resolve criminal charges related to a harassment campaign by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay with four counts of corporate stalking — two through…