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The Latest Breaking News from Daniel Ek

Spotify announces CFO to leave, days after he cashed in $9.3m in shares

Paul Vogel moved to sell stock as shares soared after it was revealed 1,500 jobs would be cut

The Guardian - UK

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Fortune

Spotify Streamlines Operations: Cuts Nearly 1,600 Jobs Amid Escalating Costs

This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.

International Business Times UK

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Spotify cuts 1,500 jobs in another round of layoffs

Spotify is not yet done laying off its employees, with another round of layoffs that cut 1,500 jobs.

Android Central

Happy Holidays? Spotify Conducts TMT's Biggest Layoff of 2023 Despite 11% Q3 Revenue Grow

Ho, ho ho, the stock is at a 12-month high, and the music streaming service just added 23 million subscribers, but 17% of the its workforce, over 1,500 employees, just lost their jobs anyway

Broadcasting & Cable

Spotify Cuts Around 1,500 Jobs As Growth Slows

Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.

International Business Times

Spotify to cut 17% of staff in the latest round of tech layoffs

In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go.

WEKU

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Spotify to slash headcount after CEO blasts staff for doing 'work around the work'

The founder is billing the company's biggest ever headcount reduction as a strategic return to the resourcefulness that marked its early days as a startup.

Fortune

Spotify axes 17% of workforce in third round of layoffs this year

Spotify says it’s axing 17% of its global workforce in the music streaming service’s third round of layoffs this year

The Independent UK

Spotify cuts more than 1,500 jobs amid rising costs

Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies

The Guardian - UK

Spotify's decision to stop paying royalties on less popular tracks is "discriminatory and exploitative", says competition law expert

Others have suggested that the move indicates Spotify may eventually begin charging artists to host their music on the platform

MusicRadar

Spotify CEO says platform wouldn't exist today because of Apple

Ek was lambasting Apple and Google's 30% fees on their App stores as a new competition bill goes through UK parliament.

Fortune

Airbnb boss called his CEO network asking if they could hire any of the 1,900 staff he laid off

Airbnb CEO Brian Chesky also discussed his friendship with Spotify CEO Daniel Ek.

Fortune

Spotify CEO alludes to reason why Duchess of Sussex’s podcast was cancelled

Spotify ended its reported $20m partnership with Duke and Duchess of Sussex in June

The Independent UK

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The Independent UK

Spotify CEO hints that Meghan Markle’s Archetypes podcast was cancelled because listeners weren’t ‘happy’

Spotify ended its reported $20m partnership with Duke and Duchess of Sussex in June

Fortune

Spotify CEO Daniel Ek warns laws to regulate AI could become obsolete

The Spotify co-founder warned regulation probably wouldn't stand the test of time as technological progress brings new questions on regulation.

Zenger

Mark Zuckerberg’s Journey Of Transformation: From Facebook’s ‘Toddler CEO’ To Meta’s Seasoned Leader

Zuckerberg's Transformation: Meta CEO Embraces Maturity and Philanthropy, Drawing Inspiration from Bill Gates

Fortune

Spotify CEO Daniel Ek thought platform was a 'terrible idea'

The Spotify co-founder was convinced the music industry was going down the drain when he first came up with the idea for a music streaming platform, he told The Diary of a CEO podcast.

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Fortune

Spotify CEO Daniel Ek says there are three Mark Zuckerbergs

Ek says the public has seen "The Social Network Mark" and "Evil Mark" before being introduced to the latest, more popular version of the Meta CEO.

Evening Standard

Spotify won’t ban AI-generated music and is AI-translating podcasts

Spotify is increasing its focus on AI, using it to translate popular podcasts into other languages

Fortune

Spotify is using AI to imitate podcast hosts' voices after plowing $1 billion into the business and breaking up with Prince Harry and Meghan

Spotify, eager to cement itself in the podcast business, is testing AI that dubs hosts’ voices in a different language.

The Independent UK

Spotify CEO Daniel Ek denies existence of alleged artist streaming scheme

Spotify co-founder joked that his playlist would be full of his own music if the scheme did work

Fortune

Do effective leaders need to be likable? Elon Musk, Marc Cuban and other big names weigh in

The leaders debated the topic in a social media exchange. And Fortune asked executive coaches their take.

Fortune

Spotify's CEO mused about being an 'unreasonable' boss—then Elon Musk and Mark Cuban piled in

Spotify founder Daniel Ek shared his "guiding motto" on X, formerly Twitter, which sparked debate.

Daily Mirror

Josh Kroenke sticks to "aggressive" Arsenal promise with £200million transfer splurge

Arsenal have already completed a £65million deal to sign Germany international Kai Havertz from Chelsea - with West Ham captain Declan Rice on his way to the Emirates

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