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2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year.
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Feb 15, 2026 / Tyler Durden
The Weak Dollar Narrative
The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...
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Feb 13, 2026 / Tyler Durden
Stolen Land At The Grammys: How Hollywood Groupthink Threatens Democracy
Stolen Land At The Grammys: How Hollywood Groupthink Threatens Democracy Authored by Patrick Keeney via The Epoch Times (emphasis ours), Commentary Among the consolations of youth is the certainty with which one holds beliefs about the world. There is comfort in the conviction that one’s moral bearings are firmly set, that one’s understanding of complex questions is not only sincere but also correct. The world appears legible; right and wrong seem sharply drawn; doubt and nuance are dismissed as weakness or evasion. The 68th Grammy Awards Premiere Ceremony at Peacock Theater in Los...
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Feb 16, 2026 / Tyler Durden
Ukraine's Former Energy Minister Charged With Money Laundering As 'Operation Midas' Expands
Ukraine's Former Energy Minister Charged With Money Laundering As 'Operation Midas' Expands Months after Ukraine was shaken by a sweeping corruption probe into state nuclear giant Energoatom, and subject of international embarrassment given it even touched Zelensky's office, former Energy Minister Herman Halushchenko has now been formally charged - after authorities detained him while he was allegedly attempting to leave the country. Halushchenko had been suspended by Zelensky in mid-November, when news of the scandal first hit global headlines. On Monday, Ukraine’s National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s...
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