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
Why don’t you like Joe Rogan?
Well he is a vaccine skeptic for one. And perhaps I don’t hate Joe himself but his platform is full of misinformation that is taken at face value. He has guests on the show that people take as experts when they aren’t. His dude-bro audience takes what he says as gospel and just makes things worse.
What specific misinformation are you referring to?
Covid misinformation for example.
That’s an entire category, not what I meant by specific. What specific claims about covid were made on his show that you believe are false?
He took horse de-wormer.