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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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Apr 7, 2026 / Tyler Durden
Gunmen Attempt To Storm Israeli Consulate In Istanbul Terror Attack
Gunmen Attempt To Storm Israeli Consulate In Istanbul Terror Attack Israel's foreign ministry confirmed that on Tuesday there was a "terrorist attack on the Israeli Consulate in Istanbul" and has thanked Turkish security forces for stopping it before the attackers were able to make it into the building. "We appreciate the Turkish security forces' swift action in thwarting this attack," a statement from the ministry on X said. It added "Israeli missions around the world have been subjected to countless threats and terrorist attacks. Terror will not deter us." This after rapid...
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May 4, 2026 / Dave DeCamp
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Israeli forces killed at least three Palestinians in Gaza on Monday, according to reports from the Strip, as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that on Monday morning, a man, identified as 42-year-old Mousa al-Abyad, was killed by an Israeli attack […]
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Apr 1, 2026 / Tyler Durden
"Resilient" US Manufacturing Sector Surges In Face Of War, Prices Paid Up
"Resilient" US Manufacturing Sector Surges In Face Of War, Prices Paid Up Amid the fog of war and fading 'hard' data, the final March S&P Global Manufacturing PMI printed 52.3 (a small drop from the flash 52.4 print), higher than the 51.8 print for February. “Faster growth of output in March points to encouraging resilience for US manufacturing in the face of the outbreak of war in the Middle East," according to Chris Williamson, Chief Business Economist at S&P Global Market Intelligence. The ISM Manufacturing PMI also rose from 52.4 to 52.7 -...
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