The week in business news: Global shipping shakeup, Google’s Gemini AI

[ad_1] The shift of manufacturing out of China is shaking up shipping Ho Chi Minh City and other Vietnamese ports are becoming increasingly vital to global shipping.Photo: Kham (Reuters) How…

Spotify’s Layoff Memo and the Art of Delivering Bad News

[ad_1] Updated Dec. 5, 2023 12:06 am ET Listen to article (1 minute) It has become a staple of the modern corporate downsizing: the public CEO layoff letter. Before a company…

Spotify to Lay Off 17% of Staff, Its Third Round of Job Cuts This Year

[ad_1] Updated Dec. 4, 2023 7:06 am ET Spotify is preparing to lay off 17% of its workforce or about 1,500 employees, as the company accelerates its profitability push. Chief…

Spotify to slash 17% jobs to cut costs

[ad_1] Music streaming giant Spotify will slash 17% of its workforce as the Swedish audio company looks to narrow the gap between its financial goals and current operational costs. “To…

Spotify Faces Some of the Music

[ad_1] Subscribers are tuning in, but cost reductions may not be enough without price increases. [ad_2] Source link

Spotify cuts 6% of its workforce — read the memo CEO Daniel Ek sent to staff

[ad_1] Spotify announced Monday it’s cutting 6% of its global workforce as the music streaming company contends with a gloomy economic environment that has seen consumers and advertisers alike limit…

Spotify to Cut 6% of Workforce in Latest Tech Layoffs

[ad_1] Tech Streaming company says move is part of broader cost-cutting measures [ad_2] Source link