Spotify to axe 1,500 workers to save costs

Re:Spotify to axe 1,500 workers to save costs by izacus on Monday December 04, 2023 @05:04AM (#38515499)

Maintaining a large worldwide music/podcast delivery platform. What do you think they're doing?

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Re:Spotify to axe 1,500 workers to save costs by steve1977 on Monday December 04, 2023 @05:07AM (#38515518)

Not OP, but I really don’t know why you would need that many people.

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Re:Spotify to axe 1,500 workers to save costs by Shaanie on Monday December 04, 2023 @05:31AM (#38515700)

Obviously you don't need all those people. Almost no company apart from like one-man companies or dying companies employ only the people they need. You employ as many people as possible that generate additional profit, short or long-term. Do you need to hire a conversion specialist? Of course not, though if she costs $400k a year while improving conversion by 10% the payoff is absolutely massive, and you'd have to be an idiot not to hire her.

I'm surprised people don't realize this, especially on hackernews.

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Re:Spotify to axe 1,500 workers to save costs by steve1977 on Monday December 04, 2023 @08:10AM (#38516791)

That would maybe explain 500-1000 people.

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Re:Spotify to axe 1,500 workers to save costs by izacus on Monday December 04, 2023 @08:46AM (#38517122)

What do you base your estimates on? What do you know about Spotify's business and what it takes it to run sustainably?

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Re:Spotify to axe 1,500 workers to save costs by sligor on Monday December 04, 2023 @05:13AM (#38515561)

Well, whatsapp reached 1 billion user with only around 50 employees

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Re:Spotify to axe 1,500 workers to save costs by izacus on Monday December 04, 2023 @08:45AM (#38517112)

Last I checked it's not a music delivery platform.

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