Spotify ditches popular podcasts 'Heavyweight' and 'Stolen' as CEO doubles down on cost-cutting

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Daniel Ek, the CEO of Spotify, wears a navy t-shirt with a guitar on it while standing on a stage with the green Spotify logo on a black background.
Spotify CEO Daniel Ek.

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Spotify is being hammered for wrapping 2023 with big layoffs just before Christmas

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Spotify Wrapped 2023 graphic
Spotify recently sent this year's Wrapped to users.

Spotify

Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity'

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Photo of Spotify CEO Daniel EK with its logo behind him
Spotify CEO Daniel Ek said industry pushback on AI is on important issues including copyright

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Vans' parent company is laying off 500 employees. Here's the full list of major retailers making cuts, from Gap to Walmart.

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A person wears checkerboard Vans sneakers at New York Fashion Week on February 12, 2022.
A person wears checkerboard Vans.

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Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company

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Broadcom CEO Hock Tan
Broadcom CEO Hock E. Tan

Lucas Jackson/Reuters

Cruise staff say Carnival UK threatened to get rid of 919 of them if they refuse to take pay cuts

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The MV Ventura, run by P&O Cruises, is docked in Lisbon.
The MV Ventura, run by P&O Cruises, is docked in Lisbon.

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'Morale is at an all-time low': Ex-Googler writes scathing letter slamming layoffs and 'eroded' culture

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Sundar Pichai

Stephen Lam/Reuters

Cruise begins layoffs after suspending its self-driving robotaxis following a collision that dragged pedestrian beneath car

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Cruise robotaxi in SF
Cruise is laying off employees following its suspension of robotaxi operations.

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Billionaire Richard Branson's Virgin Galactic lays off 185 employees as it doubles down on efforts to build new spaceships

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Virgin Galactic spaceship
Virgin Galactic is opening a factory in 2024 that will produce its new Delta Class spaceships.

PATRICK T. FALLON/ Getty

How companies decide who to lay off

Tech Insider : Economy, Economy
young woman getting laid off
Layoffs stink for everyone.

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