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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Liberty Portal is a gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important lessons from economics, philosophy, history and more.

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The Human Action Podcast

PODCAST: Why This Recession is Different

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Jan 20, 2023 / Michael Kern

China To Accelerate The Construction Of Coal-Fired Power Plants

China expects to add 70 gigawatts (GW) of coal-fired power generation this year, up from 40 GW of capacity from coal installed in 2022, a report from the power sector’s group, China Electricity Council, showed.

The coal additions, however, will not be the biggest capacity increases in China in 2023, per the report quoted by Bloomberg.

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Seymour Hersh

How America Took Out The Nord Stream Pipeline

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