Re:Spotify raises $1B in debt with devilish terms to fight A...
by draw_down on Tuesday March 29, 2016 @08:33PM
(#11386131)
Surprise surprise, employees lose out again. But I guess they were already in danger of getting nothing if this is the deal management struck.
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Re:Spotify raises $1B in debt with devilish terms to fight A...
by nerfhammer on Tuesday March 29, 2016 @08:51PM
(#11386200)
The glassdoor reviews seem to universally complain about poor stock compensation, so it seems they weren't getting much to start with.
Re:Spotify raises $1B in debt with devilish terms to fight A...
by pathy on Wednesday March 30, 2016 @03:35AM
(#11387544)
That is likely more to do with them being Swedish I suspect.
Stock compensation is a lot less competitive here due to it being taxed as normal income for the most part. Not to mention salaries being a lot lower in general than USA or some other parts of Europe.
Re:Spotify raises $1B in debt with devilish terms to fight A...
by joshjkim on Tuesday March 29, 2016 @09:00PM
(#11386240)
Ya - sucks. I said this in a comment below, but also relevant here: capital > labor
Re:Spotify raises $1B in debt with devilish terms to fight A...
by randomThoughts9 on Wednesday March 30, 2016 @08:00AM
(#11388603)
Well, in this particular case employees wanted to play the capital game. It's not a nice game it seems.