GigglyNarwhal
GigglyNarwhal

Am I the only one who found Spotify CEO's response to layoffs horsesh*t

I mean I get where he's coming from. I have seen those day in the life of a ___ videos and always wondered what work do these people even do? But isn't he also responsible for over hiring? That too for an industry that works on thin margins.

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19mo ago
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ZestyQuokka
ZestyQuokka
Hinge19mo

Dekho, he is making more money than all of us. He'll say whatever and we will listen

GroovyBoba
GroovyBoba

The rich can do whatever the f they want and get away with it

GigglyNarwhal
GigglyNarwhal

Nah bro, search what happened to John mcAfee and Jeffrey Epstein.

BouncyDumpling
BouncyDumpling

To an extent yes. The CEO is responsible for the layoffs and taking on more hiring. But in bull market, pretty much everyone overhired. It would most likely be more difficult to not over hire when everyone around you is scaling up people, tech, etc.
Apple is the only exception I have found. Back in India, many startups have also gone through multiple firings except for a very few.

GoofyWaffle
GoofyWaffle

Hmm so he cut off useless execs?

GigglyNarwhal
GigglyNarwhal

Well it was around 15% of the total workforce so I guess execs were let fo off as well

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