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 @08:51AM (#38517165)

> I hate Xitter like the next guy, but if there is one thing Musk made right is to show you can axe most of the staff of an established platform and you can still have a running global scale operation (ignoring some early downtimes/hiccups and all other, khm, content-related issues). It seems currently they have around 600 full-time engineers.

Xitter is massively tanking as a company with massive revenue losses since that brilliant idea. Its example proves literally the opposite of what you're claiming - after firings the company is in tailspin of financial losses.

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Re:Spotify to axe 1,500 workers to save costs by poisonborz on Monday December 04, 2023 @03:39PM (#38522715)

How is the revenue loss a cause for downsizing? I mean bigger revenue loss since Twitter always made losses. If you say lack of moderation (workforce) and thus leaving advertisers, I think that's a minority, and moderators were just a fraction of the people let go.

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