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https://media.blubrry.com/iacast/pinecast.com/listen/11a4dffa-76bd-4b80-bd3d-616ae345a91c.mp3Podcasting Industry Challenges: Discussing the recent layoffs at Spotify, where around 1,500 jobs, or 17% of its workforce, were cut. This was the third round of layoffs in 2023, as Spotify aimed to become more productive and efficient amidst slow economic growth and rising capital costs. Despite strong user growth and subscriber numbers, Spotify faced challenges in North American premium subscriber growth and a decline in average revenue per user (ARPU).
Support Friday Finds by contributing to their tip jar: https://tips.pinecast.com/jar/fridayfinds
Send us your feedback online: https://pinecast.com/feedback/fridayfinds/11a4dffa-76bd-4b80-bd3d-616ae345a91c
This podcast is powered by Pinecast. Try Pinecast for free, forever, no credit card required. If you decide to upgrade, use coupon code r-3bc504 for 40% off for 4 months, and support Friday Finds.
https://media.blubrry.com/iacast/pinecast.com/listen/11a4dffa-76bd-4b80-bd3d-616ae345a91c.mp3Podcasting Industry Challenges: Discussing the recent layoffs at Spotify, where around 1,500 jobs, or 17% of its workforce, were cut. This was the third round of layoffs in 2023, as Spotify aimed to become more productive and efficient amidst slow economic growth and rising capital costs. Despite strong user growth and subscriber numbers, Spotify faced challenges in North American premium subscriber growth and a decline in average revenue per user (ARPU).
Support Friday Finds by contributing to their tip jar: https://tips.pinecast.com/jar/fridayfinds
Send us your feedback online: https://pinecast.com/feedback/fridayfinds/11a4dffa-76bd-4b80-bd3d-616ae345a91c
This podcast is powered by Pinecast. Try Pinecast for free, forever, no credit card required. If you decide to upgrade, use coupon code r-3bc504 for 40% off for 4 months, and support Friday Finds.