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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 16, 2026 / Tyler Durden
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun. Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...
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Mar 26, 2026 / Tyler Durden
Stocks, Bonds Slide As Ceasefire Hopes Fade
Stocks, Bonds Slide As Ceasefire Hopes Fade It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops.  Trump urged Iran “to get serious” before it was too late...
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May 1, 2026 / Tyler Durden
This Is The Salary Needed To Live Comfortably In US Cities
This Is The Salary Needed To Live Comfortably In US Cities How much do you need to earn to live comfortably in a major American city? Increasingly, the answer is a six-figure salary. This map, via Visual Capitalist's Bruno Venditti, shows the income required for a comfortable lifestyle across 56 U.S. cities, factoring in housing, food, transportation, savings, and discretionary spending. The data comes from SmartAsset, using the MIT Living Wage Calculator and updated in February 2026. The Highest-Cost Cities Now Require Nearly $160K New York tops the list at $158,954, narrowly ahead of San...
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