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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.

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.
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?