1 / 3

To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies

To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companiesu00a0<br>

India17
Download Presentation

To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies   Home - Startups - To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies  Search here ...  Latest Update RECENT POPULA R COMMO N  January 23, 2023 To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies   January 23, 2023 Deeptech Battery Startup Log9 Elevates $40 Million and Purposes Global Impact   Startups  January 23, 2023  January 23, 2023           Sensex and Nifty Climb; up to 6% Increases in ICICI Bank, Bandhan Bank and Kotak Bank   Facebook Twitter In an effort to reduce expenses, Spotify Technology, a major software business, is proposing layoffs. According to a Bloomberg article, the business may reveal the layoffs as soon as this week.   The business made go of 38 employees from its Gimlet Media and Parcast podcast studios in October, as well as podcast editorial staff in September. It is now intending to let go of further employees, but the precise amount of job cutbacks is not yet known.   January 23, 2023 Will Jio’s Free IPL 2023 Feed Lure Audience Away from Star Sports?   The music streaming juggernaut Spotify presently employs around 9,800 people, according to its third- quarter ?nancial report.   Additionally, Spotify has spent over a billion dollars on acquisitions and the rights to famous shows since 2019, but these investments have yet to yield any dividends, and the stock price has fallen 66% since the beginning of the year.   Most Viewed In June, Spotify management predicted that the podcast industry will turn a pro?t within the next one to two years.   January 17, 2023 The Tech Sector’s Wave of Layoffs  Shark Tank India 2 – Catching Big Fishes for National Start- Up Day   In the IT sector, layoffs have occurred before, and Spotify may not even be the last. Even some of the largest and most lucrative companies in a sector are reducing their employment in order to save costs.   Google stated late last week that it is ?ring 6% of its workforce, or 12,000 workers globally, across all departments. A 18,000-person employment cut was also revealed by Amazon.   January 19, 2023 HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS General Atlantic Contributes In November of last year, 11,000 staff were also let go by Meta, the organisation that owns the social networking site Facebook. That represented 13% of the total staff that the corporation employs across 

  2. $350 million to PhonePe, Valued at $12 billion   all of its locations.   One of the ?rst businesses to start ?ring workers was Twitter. Musk recently disclosed that Twitter now only has 2,300 workers, which is 70% fewer than how many people worked there before to Musk’s takeover. Before layoffs, Twitter had 7,500 workers.   January 9, 2023 Why SME IPOs are unfolding as top fund-raising platform for investors   January 16, 2023 You can share this post! Startups in the Food and Agritech Sectors Provide Investment in FY22              Previous article Deeptech Battery Startup Log9 Elevates $40 Million and Purposes Global Impact    December 14, 2022 In A Seed Funding Round, Contlo Raises $3.5 Million   Related Articles STARTUPS STARTUPS STARTUPS  December 14, 2022 Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations  Swiggy Removes the Meat Market and Fires 380… IIT Madras Contribute in Aatmanirbhar Bharat with BharOS… GoMecha Examina  January 21, 2023  Januar Most Reviews  January 20, 2023 Leave a Reply RECENT POPULA R COMMO N Your email address will not be published. Required ?elds are marked *  January 23, 2023 To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies  Comment *  January 23, 2023 Deeptech Battery Startup Log9 Elevates $40 Million and Purposes Global Impact   Name * Email *  January 23, 2023 POST COMMENT Sensex and Nifty Climb; up to 6% Increases in ICICI Bank, Bandhan Bank and Kotak Bank   HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS 

  3. Newsletter Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  January 23, 2023 Campaigns Digital Media Shark Tank India 2 – Catching Big Fishes for National Start-Up Day   To Save Expenses, Spotify will Make Job Cuts Like Big Tech Companies  Fund Raising Marketing Markets Politics Startups Uncategorized  January 23, 2023 Deeptech Battery Startup Log9 Elevates $40 Million and Purposes Global Impact   General Atlantic Contributes $350 million to PhonePe, Valued at $12 billion    January 23, 2023 Sensex and Nifty Climb; up to 6% Increases in ICICI Bank, Bandhan Bank and Kotak Bank   Why SME IPOs are unfolding as top fund-raising platform for investors  © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz 

More Related