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In this episode of Ian Bremmer’s Quick Take, Ian breaks down the growing crisis between the US and Brazil, sparked by Donald ...

Businesses sometimes need to shed staff. But that doesn’t mean those cuts need to be sloppy or cruel.

WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Spotify’s recent layoff of 1,500 employees, despite positive earnings, signals a shift in how we view roles like UX research in the tech industry. Drawing parallels with seasonal work, I explore ...

Spotify On December 4, one of the biggest names in streaming announced a massive round of layoffs. Spotify said it will lay off an additional 1,500 personnel—about 17% of its total staff.

Earlier in the year, Ek sold over $100 million in shares in June following the previous round of layoffs. Spotify’s stock rose over 9 percent in response to the job cuts announcement.

The announced layoffs will be cutting 17% of Spotify’s current workforce — just about 1,500 individual employees. This is the third round of layoffs in 2023.

Spotify has announced its Chief Financial Officer (CFO) Paul Vogel will be leaving the company. The news follows a report that he cashed out millions in shares, just a day after it was announced 17% ...

Spotify’s share prices have surged by 8% following the layoff announcement on Monday (4 December), and CFO Paul Vogel sold £7.2 million in shares the following day, one of the highest rates Spotify ...