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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 10, 2026 / Tyler Durden
Airfares In Israel Skyrocket As Travelers Take Advantage Of Ceasefire, But Foreign Airlines Stay Away
Airfares In Israel Skyrocket As Travelers Take Advantage Of Ceasefire, But Foreign Airlines Stay Away The Iran ceasefire has finally allowed Ben Gurion international airport to fully reopen after 40 days of severe war disruptions, and after the 'new normal' for people across Israel was to routinely scramble to find missile shelters. Foreign and international carriers had canceled flights to Israel since the US-Israeli attack started on Feb. 28 - and amid the de facto shutdown in commercial air traffic across the whole region. But Israeli media says that now two...
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Apr 3, 2026 / Tyler Durden
Oil Shocks & Recessionary Outcomes
Oil Shocks & Recessionary Outcomes Authored by Lance Roberts via RealInvestmentAdvice.com, After more than three decades of watching oil markets upend economies, one pattern keeps repeating: investors learn the wrong lessons from the last shock. The 1973 OPEC embargo taught us that geopolitical disruptions are temporary. That lesson then got everyone killed, financially speaking, in 1979. The 2003 Iraq War produced only a mild oil bump and no recession, so traders got comfortable. Then 2008 happened. Today, with Brent crude having spiked over 60% since U.S. and Israeli strikes on Iran...
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Mike Cernovich
Spanking Children is Immoral and Ineffective

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