When Spotify announced its largest-ever round of layoffs in December, CEO Daniel Ek hailed a new age of efficiency at the streaming giant. But four months on, it seems he and his executives weren’t prepared for how tough filling in for 1,500 axed workers would be.

The music streamer enjoyed record quarterly profits of €168 million ($179 million) in the first three months of 2024, enjoying double-digit revenue growth to €3.6 billion ($3.8 billion) in the process.

However, the company failed to hit its guidance on profitability and monthly active user growth.

Edit: Thanks to @Zerlyna@lemmy.world for the paywall-free link: https://archive.ph/wdyDS

    • EatATaco@lemm.ee
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      6 months ago

      Nothing about virtue signaling, you rogan dick sucking fanboy.

      You’re level of critical thought is so low that you think recognizing that he is popular is the same as liking him. You can’t possibly imagine a non black and white world where someone would disagree with your mindless position, but at the same time not be a fan of rogan. I personally think the guy is a dope.

      But, of course, your position is indefendible, so all you have is childish personal attacks…so.you took a shot in the dark as to what type of person I am…and missed embarrassingly.