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2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Share to FacebookShare to TwitterShare to LinkedinTopline Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year. Spotify’s billionaire CEO Daniel Ek announced…

Tech forgot its umbrella

Tech forgot its umbrella

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It kind of feels like tech forgot its umbrella. Like, it remembered to pack its water bottle, wear the right shoes and layer up, but…

Musk Calls Short Selling ‘Evil’ In Testimony Defending 2018 Tweet To Take Tesla Private

Musk Calls Short Selling ‘Evil’ In Testimony Defending 2018 Tweet To Take Tesla Private

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla’s billionaire CEO Elon Musk took the stand in San Francisco federal court Friday to defend a controversial 2018 tweet in which he said he would take the electric vehicle company private, as part of the high-profile civil trial waged against him by Tesla shareholders over the notorious…