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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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May 10, 2026 / Tyler Durden
Housing Cost Pressure Varies Widely Across The EU
Housing Cost Pressure Varies Widely Across The EU Housing affordability in the EU has an uneven spread across the continent according to data from Eurostat. As Statista's Jack Lillis details below, the share of people whose housing costs exceed 40% of disposable income ranges from as low as 2.4% in Cyprus to as high as 28.9% in Greece. The EU 27 average stands at 8.2%, but this figure masks significant disparities between countries. You will find more infographics at Statista After Greece, Turkey appears among the most heavily burdened, while countries like Finland, Sweden, and...
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Apr 20, 2026 / Tyler Durden
China To Import Record Amount Of US Ethane As Iran War Chokes Off Naphtha, LPG Supplies
China To Import Record Amount Of US Ethane As Iran War Chokes Off Naphtha, LPG Supplies One year ago, in the immediate aftermath of Trump's Liberation Day tariffs, there was a flurry of discussion over who is more reliant on whom: the US on Chinese rare earth materials, or China on US ethane output (see "Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates" and "Who Blinks First? China May Exempt Tariffs On US Ethane & Other Goods"). Following the detente in the US-China trade war, that discussion was...
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Apr 18, 2026 / Tyler Durden
Japan Tops Canada As World's Most Polite Nation
Japan Tops Canada As World's Most Polite Nation What makes a country “polite”—and which ones stand out globally? A new survey of over 4,600 respondents by Remitly reveals a clear frontrunner. Japan alone captured more than 35% of all votes, far ahead of every other country on the list. As Visual Capitalist's Gabriel Cohen shows in the chart below, the ranking highlights how perceptions of politeness vary worldwide, while also revealing strong regional patterns across Europe and Asia. Perceptions of politeness can shape everything from tourism experiences to international business relationships. For travelers, these rankings often...
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