Spotify will lay off about 1,500 employees, or one-sixth of its workforce, to downsize after a period of aggressive spending on podcasts and audiobooks, the company announced this morning (December 4). The latest round of […]
Photo Credit: Reet Talreja Spotify plans to lay off around 6% of its workforce, adding to other massive layoffs in the tech industry. Spotify grew immensely over the course of the pandemic, attracting 456 million […]
Photo Credit: Max Zhdanov SoundHound AI, Inc. has announced it has secured $25 million in preferred equity financing to strengthen its balance sheet. The company recently laid off 40% of its workforce. The financing includes […]
The company says it’s changing direction. | Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images Patreon is laying off 80 people, around 17 percent of its workforce, and closing offices in Dublin and Berlin. […]
Wrapbook, a financial services startup whose tools are used for production payroll, has released a new mobile app on the heels of raising $100 million in Series B funding. Jeffrey Katzenberg’s WndrCo and Michael Ovitz […]