Spotify:Quarterly Results/2022 Q4: Difference between revisions

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=== Quarter Developments ===
=== Quarter Developments ===


* Spotify announced on that it was reducing roughly 6% of its workforce. The layoffs will eliminate nearly 600 jobs; Spotify most recently reported having 9,800 full-time employees worldwide as of Sept. 30. it would incur between 35M and 45M in severance-related charges.<ref name=":0">https://variety.com/2023/digital/news/spotify-layoffs-dawn-ostroff-exiting-1235499118/</ref>
* Spotify announced on that it was reducing roughly 6% of its workforce. The layoffs will eliminate nearly 600 jobs; Spotify most recently reported having 9,800 full-time employees worldwide as of Sept 30. it would incur between 35M and 45M in severance-related charges.<ref name=":0">https://variety.com/2023/digital/news/spotify-layoffs-dawn-ostroff-exiting-1235499118/</ref>
* Dawn Ostroff, chief content and advertising business officer, is departing Spotify. No reasons given. <ref name=":0" />
* Dawn Ostroff, chief content and advertising business officer, is departing Spotify. No reasons given. <ref name=":0" />
* Spotify is centralizing most engineering and product work under chief product officer Gustav Söderström and the business areas under chief freemium business officer Alex Norström, each of whom have been named co-presidents. Norström will also assume oversight of Spotify’s content, advertising and licensing operations.<ref name=":0" />
* Spotify is centralizing most engineering and product work under chief product officer Gustav Söderström and the business areas under chief freemium business officer Alex Norström, each of whom have been named co-presidents. Norström will also assume oversight of Spotify’s content, advertising and licensing operations.<ref name=":0" />