Published On Dec 7, 2023
Spotify is back in the headlines this week as it was announced the streaming giant is AXING 1,500 more jobs.
Daniel Ek said he had made the "difficult decision" despite a profitable last quarter, as he seeks to control costs.
Among these are the high music licensing fees that labels charge, and vast sums spent on exclusive content, including podcasts with Joe Rogan, the Obamas and Harry and Meghan.
Is Spotify being greedy by putting profit before people or is this move required to ensure that their business model is sustainable?
Let us know your thoughts in the comments below!
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