Merry Christmas to all those families!
Yes, we had record profits but our CEO has the job of raising the share price so that investors can buy and sell higher, so we have to find more profits somewhere.
You understand.
Classic that once wrapped is out to everyone they fire a huge amount of there workforce just a few weeks before Christmas. Shows why the streaming model is a sham.
I know the sentiment that you are conveying, and I understand each of the words in your comment individually, but I honestly have no idea what you’re saying here.
This is how I understood the comment:
Wrapped gets Spotify a lot of positive buzz. Layoffs while that buzz happens may get less notice, because people are on the “look at all the neat Spotify numbers” train and essentially advertising good vibes for the platform.
Something that I don’t quite understand about Spotify is why they had the amount of employees that they did in the first place. What were 9000 people doing for work on a music playing and recommendation website. I know they used to be highly innovative and disruptive a long time ago, but has that been the case in recent years? How were 9k people contributing to this already established web music app?
I don’t know how many in that 9000 are actual developers, but you also have to take into account the non-technical corporate employees (accounting, legal, marketing, support, curators, HR, etc.). They also have offices in different countries that most likely have some sort of corporate structure (all of the above roles, just on a smaller scale).
Even if only half of those employees were working on the actual product and product-adjacent roles, it still seems hard to come up with 4500 jobs. In fact I think the number of employees might be what led to a bunch of their missteps over the past many years. Like the multiple interface redesigns that no one asked for and actively disliked.
Let’s imagine we have massive departments for each one of those, like 300 people average for each of your example areas. For me it’s insane just thinking about it considering what the product actually is. I’m still left with 7200 people unaccounted for.
I dont get it either. The only explanation to this is that they had humans create spotify wrapped
Mark my words, a Disney style price raise is in the cards, probably before summer 2024
At this point Spotify offers less than competitors with Spotify hi-fi being a bunch of imaginary bullshit. I only subscribe to spotify when they offer me 3 months for the price of one.
Raising prices would be absurd.
They can’t exactly afford to go higher than the round 10 we have a month. It will cost them a lot of customers just from the sheer inconvenience caused by the change in gift cards.
This effect would happen even at just 1 cent above the convenient pricing. That means if they increase the price, they have to make up for the immediate loss of “convenience users” which means higher price again which leads to an exponential spiral.
We are more likely to see ads being forced into Spotify premium.
A higher price I can stand but ads in a paid service? If they do that, I don’t see any reason why I wouldn’t just use ublock origin with Spotify on the web or a modded APK instead.
So glad I left when they paid Joe Rogan money
That should help company morale. I’m so glad these selfless CEOs are always doing the right thing!
Hey just remember those CEOs take more risk eith their capital that’s why they deserve a bigger pay. Unlike these workers that have just been layer off weeks before Christmas, that have the luxury of a low risk reliable job!
Dude, it’s not possible to spend millions on sports deals with FC Barcelona, if you don’t cut peoples jobs away. That’s obviously more important!
I went back to good ol MP3 files about a year ago in an effort to lower montly subscriptions and the tiktokification of spotify was a big reason why.
I always have (stayed woth MP3s) but its harder and harder to even listen to them away from a phone. Major issue I have now is it’s a PITA to play a local library on networked speakers (Echo, specifically) w/out voice interaction being the sole means of use. I just want a tablet with a nice interface to allow me to play music on various Echo’s and speaker sets.
Bluetooth is an option, but it’s not really “home automation” setup friendly.
Jellyfin/plex/Navidone as a backend, synfonium as the app.
I dont use echo, but it has casting and upnp support so it should work with echo.
What do you mean with ‘tiktokification of Spotify’?
I stopped using Spotify at least a few years ago because they started serving adverts to paying customers - so I’m out of the loop.
