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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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Feb 25, 2026 / Tyler Durden
Trump Talks Economy, Immigration, Taxes, And AI In State Of The Union Address
Trump Talks Economy, Immigration, Taxes, And AI In State Of The Union Address Update (2320ET): While predicted to be '2 or 3 hours,' President Trump's State of the Union was just 109 minutes - though it was still the longest on record since at least 1964. Trump emphasized border security, energy production, and tax policies while throwing Democrats under the bus over the economy and unchecked illegal immigration. Trump declared the "Golden Age of America" and stated that the state of the union is "strong," tying themes to the nation's upcoming 250th anniversary. Key Economic...
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Feb 24, 2026 /
‘Coalition of the Willing’ Meets as Ukraine War Begins Fifth Year
Ukrainian President Volodymyr Zelensky met with the leaders of dozens of European nations to discuss future Western support for Kiev.  The meeting of the ‘coalition of the willing’ took place on Wednesday. The coalition is a group of Western nations providing support to Ukraine without American backing. The organization was formed in response to President […]
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Apr 4, 2026 / Carlos Boix
The Myth that Won't Die: "War is Good for the Economy"
One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.
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