Post: Spotify CEO Daniel Ek surprised at negative impact of laying off 1,500 Spotify employees

Link: https://azorius.net/c/Yp7h2wf7FY67f5c5M4

tedu on 25 Apr 2024 05:15 collapse

The full quote if you don't want to read the article.

Another significant challenge was the impact of December workforce reduction. Although there’s no question that it was the right strategic decision, it did disrupt our day-to-day operations more than we anticipated. It took us some time to find our footing, but more than four months into this transition, I think we’re back on track and I expect to continue improving on our execution throughout the year getting us to an even better place than we’ve ever been.

And the full transcript of the earnings call if you want to read the whole thing.

https://seekingalpha.com/article/4685308-spotify-technology-s-spot-q1-2024-earnings-call-transcript