>Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations>When Spotify announced its largest-ever round of layoffs in December, CEO Daniel Ek hailed a new age of efficiency at the streaming giant. But four months on, it seems he and his executives weren’t prepared for how tough filling in for 1,500 axed workers would be. >The music streamer enjoyed record quarterly profits of €168 million ($179 million) in the first three months of 2024, enjoying double-digit revenue growth to €3.6 billion ($3.8 billion) in the process. >However, the company failed to hit its guidance on profitability and monthly active user growth.Oh no! So following the Alien and Elon Cucksk and firing people was ultimately a bad decision long term?
bean counters gonna count
>Daniel Ek bad>Elon Musk Badwhy dont you trannies ever spam about non-white CEO's?is it against the server rules of the tranny spam discord?
I wonder what kind of people did they lay off.Was it code monkeys, or was it jewish lawyers, psychologists and other kinds of specializations for advertisement?
>>100186160Wasn't the idea to lay off dead weight and not productive people? Seems like they failed to do that
>>100186202if they followed their idea, they'd lay themselves off and make most senior backend engineer the CEO because he's one of the only people who give a shit and comprehend what's going on in his company and why would they do that?
>>100186160>The music streamer enjoyed record quarterly profits of €168 million ($179 million) in the first three months of 2024>However, the company failed to hit its guidance on profitabilitywhat
>>100186209
>>100186202>Seems like they failed to do thatNo shit. But you can't estimate people's value and follow the fleeting trend at the same time, so you have to do it at random.
>>100186209low grade slope
>>100186229>you can't estimate people's valuebut you can though?
>>100186160If you look at how massively and brutally fast Musk cut jobs, the performance of X is still good. one problem is that his new features were rushed and thus sucked and, much more, that the former user base hates him personally.
>>100186209You can fire people to improve your financial data short-term but your company would stop growing. Who would've thought huh?
>>100186202If they only kept the productive people then it would be like 20 peopleEven the ussr knew about this phenomenon 55 years ago https://youtu.be/s7JEoqB6-FQ
>>100186282>subtitles/captins unavailablewhat is google trying to hide?
>>100186205You codemonkeys are retarded to think that you have the skills to become ceo
>>100186292>can program therefore empathize with anyone working at the companyyes they have 100% of skills required, kill yourself nepotism baby
>>100186196>>100184328are you even trying
>>100186299You're delusional and always will be a wageslave
>>100186358managers can get fired without loss of productivity in a company because they don't do anything of value
>>100186304are you even trying?yea daily threads about the CEO of the 16th (global MAU rank) social media company is totally organic and normal. kys spammer.
>>100186381wow, it's as if people have more shit to post about the dumb cunt who can't keep his mouth shut on twitter than the sneaky pajeet fucking shit up behind the scenes
>>100186398>the dumb cunt who can't keep his mouth shut on twitteryour schizophrenic ad hominem is not technology related
>>100186427>leave the multimillion dollar company CEO alonelol no
>>100186376If you have to many managers. Or for a short while when wagies are already planned into what to do.
>>100186446you are missing the pointI would like to see as much schizophrenic ad hominem against the rest of bad CEOs tooyet you wont because we all know why, we all know you spam Musk threads everyday, we all know you will never pass.
>>100186446>Elon Musk must live rent free in my head and yall can't stop me!!Wrong website my lesbian sister, you will not get gold and upvotes here.
Why do you need 7000+ people for a streaming service?
>>100186196>>100186264>performance of X is still goodhttps://www.youtube.com/watch?v=Yeqq2A14vD8This is what happens when you fire professionals and surround yourself with loyal cucks who would stay at the office at night because you said so.
>>100186160Spotify is hot garbage, the devs and designers clearly dont use their app intensively
>>100186463one manager is already too many because senior devs do the managing of their juniors already, manager exists only to leech money and complain about project velocity or whatever
>>100186653It is known that spotify sources their audio from rutracker, maybe not to general public, but you heard it here first, anon.
>>100186160We can more if we just layoff more emp.... Ek
>>100186202Companies rarely know who are the productive employees and who are the deadweight. Those most likely to know are the immediate supervisors of those employees but middle management has its own set of incentives that aren't aligned with what's best for the company so if you let them decide who to layoff, they'll often pick based on criteria other than productivity.
>>100186809yeah it's really peculiar how employees notice who's worthless but companies? They couldn't possibly know despite managers who have this job of figuring out somehow don't know despite being paid more than entire team they manage... Really curious indeed.
>>100186463>If you have to many managers. Or for a short while when wagies are already planned into what to do.They talk like autists and their plans are all retarded
>>100186969the problem is that they aren't autists unlike people who do the job
>>100186292Yea dude CEO of Spotify really needs those interpersonal skills>>100186196Indians bad, but Google's CEO is an actual developer promoted to the position.
>>100186221>Everything past Poland us yellow or orange.I love those maps.
>>100186885Managers don't have the company's best interest in mind. Managers have the manger's best interest in mind.
>>100187113that's why managers are worthless and wagies should be allowed to manage themselves
>>100187053>but Google's CEO is an actual developer promoted to the position.> jeet> actual developergood morning sir
>>100188399there are jeets who can program, unlike /g/ posters, none of which can
>>100186160>thinking you need over 1500 engineers to make Spotify
>>100188564If they just wanted to maintain the status-quo it should take like 10 tech guys and one manager to manage payroll and keep everyone organized.If the product is going to grow, continue adding more content etc, then they need probably another 5-10 tech guys (maybe more if they are really adding a lot of new content quickly), a few contract/DRM lawyers, a couple marketing people, and maybe add in one position for combined HR / office manager.I genuinely do not understand these megabloat tech companies. The entire magic of the digital age is how much can be accomplished with just a few people because a properly designed system mostly takes care of itself.
>>100186160>>The music streamer enjoyed record quarterly profits of €168 million ($179 million) in the first three months of 2024, enjoying double-digit revenue growth to €3.6 billion ($3.8 billion) in the process.sounds like it worked to me? what's the problem? their site is garbage anyhow, pre-layoff or not.
>>100186292that's basically what Bayer is doing. Middle management is garbage.tick tock wagie.
>>100186885That's not true at all, the productive people know who the dead weight is, the dead weight think they're doing a great job and working very hard. Many productive people also don't make a show of how productive they are when dead weight love to put on a show for management.
tick tock managershttps://web.archive.org/web/20240421090533/https://fortune.com/europe/2024/04/11/pharmaceutical-giant-bayer-ceo-bill-anderson-rid-bosses-staff-self-organize-save-2-billion/
>>100186885>managers who have this job of figuring out somehow don't know despite being paid more than entire team they managethey intentionally bloat up their roster because of exactly this reason.
>>100189652If Bayer had never bought the fucking mutt poison peddler they would have now stood there supreme right next to the Danish. But nopeee had to suck up to the mutts.
>>100189652>hey bruh, how about you'll be creating tasks by yourself and showing us burndown charts every week?)>also, handle all the communications along with your primary job, please, will ya?
>>100189703sounds based. if you want a secretary self-organize one, bitch.I've seen literally everything this CEO is seething about happening at my company as well. Middle management roster bloatmaxxes and they all play pretend work in-perpetuity and then rush to spend money contracting out subpar work to meet deliverables. Anyone who defends these people are scum. Any executive that takes a stand against these parasites is based.
>>100186160>laid off 1500 people>still works just fine on my machineI would say they did a good thing
>>100189732You don't get it? They'll be doing twice as much work now because tasks and charts ain't gonna create themselves even if it takes up not that much time to do. They're firing managers but don't give up their routines.
>>100189732oh and they're not gonna increase your salary, so opposing to keep managers is retarded in the same way
>>100189777>>100186579
>>100186160Firing progressives from your company, like Elon did, is always the correct option.>>100186579Who was the person responsible for checking the links before Elon bought Twitter? Unless that position was changed, your butthurt is mute.Aside from the bots problem, which is inevitable considering the efforts to make X profitable for everyone, the website is better than ever. No more progressive censorship. You can say 'gay' and 'learn to code' to journos without getting banned. Information flows better and media corporations are losing ground to independent journalists.Only faggots are butthurt about layoffs.
I unironically don't know what people at Spotify even do day to day, the app never changes and never improves, and they just take more and more from the artists>we added audio books but you can only listen a few hours a month with your premium subscriptionOh yay, I can stream mp3s of people reading books! Truly such hard work that took hundreds of man hours of development and a gazillion dollars that was stolen from legitimate artists
>>100190072Now try to post something positive about trannies and get banned. My dear zoomer, there is 2 parties in the country and one dunks on another all the time. If you can't post something it means the other party is in power.
>>100189652Honestly, so many of those day in the life in tech tiktok thots would be more useful as actual secretaries organizing stuff for engineers.
>>100190072>the website is better than everI can't read it without logging in so no, it's objectively worse.
>>100186160>make record profits>fire people>be told you didn't earn enough money to be considered having done a good jobOnly a world run by Dodge Bros. vs Ford could fabricate such a ridiculous situation.
>>100186160spotify UI is fucking garbage, they been fucking with the userbase for so long, the algorithm is autistic and keeps trying to shill you 0 views trash
>>100186160Spotify is bloated dogshit. The answer is to cut entire categories of features that are shit. The CEO is a faggot Swede so clueless and cowardly. Assume it will only continue to get worse.
>>100186196neither of those fags are white you fucking reddit homosexualt. tranny
>>100188475>maximum overburnkekt& deserved
>>100186376>because they don't do anything of valueunless the company policies/culture forces them to get involved in the work, it varies, autist
>>100189783sounds fine to me as long as I get paid more>huh? no you're not getting paid morethis isn't on my contract so not my problem.
>>100186282kek, a local in El Paso, TX told me that in their city, one guy has the shovel and 8 people supervise him, bloatmaxxed middle management in the city government
>>100186557not enough automation, undoubtedly
>>100186505 >>100186427 >>100186381 >>100186196Ugh. You win faggot, you successfully derailed a thread. Got any other big plans this afternoon?
>>100186160> using spotify> evernot my problem. i don't use trash.>>100186196you're a spineless corporate cock sucking simp.
>>100186160I think what people fail to realize is that twitter had already totally saturated the market it's in and completed almost all meaningful objectives besides the hard ones (stopping bots)So when Elon stupidly agreed to buy twitter, tried to fuck with them, got held to his word by the courts, he probably wanted to do a massive layoff just as retributionThe difference here is spotify does way more complicated shit than tw*tter and has serious competition in youtube/tidal/etc. Their business model is also somewhat precarious in that they can't compensate the labels/music producers at a rate that's acceptable, their compensation has been going down over timeMeanwhile the twitter user base is on there to advertise, politicians, company, porn, etc.
>>100186201gut tells me like a 35/65 split, although there may have been some operations/management people who actually did provide some benefits, but got caught in the crossfire.
>>100186579lol he just created a culture of fear that makes people want to ship shit fast af with no testing or peer review lest they immediately get the axeas if anyone can write good code on a 16 hour shift
>>100186532lmfao get the fuck out of here tourist
American tech companies can fire because they over-hire. They hoard talent to try and prevent them from being head-hunted by competitors because Wall Street gives them infinite money. While it's true that in any company, the top 20% of the people do 50% of the work, it's (a) impossible to actually identify the people doing nothing and (b) the symbolism of the firing can be as damaging to company culture as the act, since the productive workers are likely to think "why bother? I'm probably next." The reason people like Google and Amazon can fire people in such large numbers is because they hired them to do nothing in the first place.
>>100193133I think every mature company overhires just so that they preserve the business in case someone decides to jump off the ship.
>>100193188Google especially will hire and isolate entire wings of people, making sure they're working on bullshit products that have no plan of providing any value (like the 10 billionth redesign of youtube's video page), making sure that they don't interact with or interact with other institutional knowledge pillars so that when they fire them no one cares. Amazon on the other hand seems to hire for useful things, but things that have a timespan so that when they're done they can feel free to fire them. again, in large vertical slices so they never interact with people who care they were fired and never had a chance to learn anything that would make them valuable to keep
>>100193133>>100193188This, over hiring is necessary because if you end up with a division/role where multiple people leave in short succession you can end up in a very bad position.As you fire you destroy morale as the other poster said, you disincentivize anyone from joining your company as you appear to be contracting, and you make the remaining workers work more which results in further resentment and morale issues.The end result can easily be a death spiral where you end up with subpar talent that only tolerates you (IBM)
>>100193249>making sure that they don't interact with or interact with other institutional knowledge pillars so that when they fire them no one caresGoogle is so full of internal tools the knowledge of it won't help you to get hired in any bit. Frankly, nobody gives a shit which techs you've been using. What matter is Google in your CV.
>>100193133Overhire (hire enough people to not leave anyone overworked, then later fire most of them so the remaining employees can do the jobs of 2-10 other employees for the salary of one (paid based on cost of living standards last updated three decades ago))
>>100193133>>100193249>>100193252you also have to account for periodic absences, people are fragile and then need a day off after the spouse dies or they get sick, or they partied too hard and are now puking/shitting themselves badly for a day, so one department might be understaffed or running on the bare minimum of workers for a couple of days this week, next week it is a different department, the week after a couple of managers stay home with migraines, CEO goes absent for a few days to attend a relative's funeral out of town or suck off a politician for a few days (or get sucked, whatever), etc.
>>100186196thisit's alway elon and a literally who of the weekwe can smell them a mile awayis terminal elon syndrome a thing now?
>>100191206>work>cultureoh nonononono
>>100186196Microsoft is headed by a jeet, yet 80% of people still associate Bill Gates with Microsoft even though he hasn't been involved with Microsoft for like 20 years.>>100187053Just because he's a code monkey doesn't mean he knows how to manage internal corporate culture or politics. They still haven't killed off products and services, and that's ultimately going to catch up to them. More people that people avoid any product/service they make or host just because it's Alphabet or Google might suddenly kill it off at any point, is another person they need to make that product/service successful and have it keep on going.And that trend is something the CEO needs to stop, otherwise things are going to end up that way.
>>100186579more like jeetcode lmao>>100190178no terminally online person like trannies thoughever, everyone has suffered more than enough from their coordinated discord brigading and sabotaging
>>100187053>Indians bad, but Google's CEO is an actual developer promoted to the positionSAAAAAARRRR
>>100187053Pichai is from McKinsey you fucking tard.
