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SPOTIFY LAYOFFS
Watched by its grieving coach, Barcelona retains Spanish league title by beating rival Real MadridGoals by Marcus Rashford in the ninth minute and Ferran Torres in the 18th gave Barcelona the victory and an insurmountable 14-point advant...- Pocket FM cuts 100 jobs, moves 2,000 contract employees on Quess Corp’s payrollAudio series platform Pocket FM has reportedly laid off approximately 100 employees, about 10% of its workforce, primarily from its content...
- Spotify has cut 15 jobs in podcast unit to reduce management layers: ReportThe streaming giant’s podcast journey since 2019 has been marked by strategic pivots. It initially pursued platform exclusivity before open...
- Spotify raises U.S. prices of its premium plans in margin pushOn a monthly basis, Spotify has raised prices of its individual plan to $11.99 from $10.99, duo plan to $16.99 from $14.99 and its family p...
- Spotify Q1 Results: Gross profit crosses 1 billion euros for first timeSpotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although t...
- Spotify's monthly user numbers miss estimates on lower promotionsFirst-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current...
- No drastic impact on revenue, user base due to feature restrictions: Spotify India MDAmarjit Singh Batra, managing director of Spotify India, said this during a fireside chat at the India Digital Summit 2024 in Mumbai. Refle...
- Spotify's monthly user growth, subscribers beat expectationsThe music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 billion by 2030. It has also r...
- Ecommerce and fintech firm Bolt lays off 29% of staffAccording to a Bolt spokesperson, the company made the cuts to get Bolt to "an operating model optimised for sustainable growth and efficie...
- Spotify CFO Paul Vogel to step down next yearThe company said on Thursday it has launched an external search for a successor, and in the interim Ben Kung, vice president of financial p...
- Cloud communications platform Twilio to cut about 5% of total workforceThe company expects to incur about $25 million to $35 million associated with the restructuring in the last three months of 2023.
- Spotify: Here is why the music streamer is cutting about 17% of its global workforceSpotify's CEO, Daniel Ek, announces a strategic realignment, cutting 1,500 jobs globally, reflecting a broader trend as tech giants reshape...
- Spotify layoffs: Music streamer to lay off 17% of workforceSpotify Layoff 2023: More than 1,000 people are expected to lose their jobs as the company moves to achieve its financial goals while reduc...
- Spotify raises prices for its premium plans across several countriesSpotify has moved in recent months to boost margins with hundreds of layoffs and a restructuring of the podcast unit, which it had built up...
- Spotify considering full-length music videos on appSpotify, which did not immediately respond to a Reuters request for comment, already allows artists to upload looping GIFs, which plays whe...
- Spotify lays off another 200 employees from its podcast unitThe audio company’s heavy investments in podcasts have come under scrutiny as analysts have questioned as to when it will result in racking...
- Spotify's user growth beats estimates, expects 500 million listeners next quarterThe number of monthly active users rose to 489 million in the quarter, beating Spotify's guidance and analysts' forecasts of 477.9 million.
- Spotify to lay off 6% of employees, CEO Daniel Ek tells staffThe affected employees will receive approximately five months of severance based on local notice period requirements and employee tenure. T...
- Spotify planning layoffs as soon as this weekThe number of positions to be eliminated wasn’t specified. Spotify laid off 38 staff from its Gimlet Media and Parcast podcast studios in O...
- Spotify to slow hiring by 25% amid economic uncertaintySpotify Chief Executive Officer Daniel Ek informed the staff via email Wednesday that the world's largest on-demand audio service would con...
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