Otter@lemmy.ca to

Technology@lemmy.worldEnglish · 2 years ago

Spotify to axe 1,500 workers to save costs

2

0

Spotify to axe 1,500 workers to save costs

Otter@lemmy.ca to

Technology@lemmy.worldEnglish · 2 years ago

2

Spotify to axe 1,500 workers to cut costs

The music-streaming company says it is making people redundant to "rightsize" the firm.

Chat

Modva@lemmy.world
link
fedilink
English
arrow-up
1·
2 years ago
Just as they announced their profitable quarter.

This isn’t to “Save costs”. It’s to further boost profits at any measure, which is what publically traded companies want. Happy investors.
- Marin_Rider@aussie.zone
  link
  fedilink
  English
  arrow-up
  1·
  2 years ago
  profit has been tasted, now unfettered greed takes over

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.61K users / day
7.56K users / week
12.2K users / month
12.2K users / 6 months
1 local subscriber
76.2K subscribers
695 Posts
12.7K Comments
Modlog