Spotify announced the layoff of 1500 people - 17% of their company. The actions they took though in the process really impressed me. - Provided an explanation to their current employees on what happened (easy capital and over hired); Getting back to being resourceful - Provided 5 months of severance pay to the people impacted - Accrued and unused PTO will be paid out. - Spotify is covering healthcare for the 5 months of severance - Helping them with outplacement support for 2 months They owned their mistake (over hiring) and are taking care of the people who helped them along the way. That is really all you can ask of an organization in tough times. #layoffs #spotify #tech #severance
At the end of the day it’s just a music app
1,500 people ejected into a vicious job market. There’s nothing to admire here.
Yea it’s a brutal market out there and will stay like this for a while
Right before the holidays.
Saw this exact copy paste on LinkedIn?
Lol what?
What a shitty post What is there to admire here?
I’ve seen 4 different people post this exact same thing on LinkedIn and Twitter/X
Why are there so many 🥾👅 on blind
“They owned their mistake and are taking care of the people who helped them along the way.” - How can you write such utter nonsense. No company gives a F about you
Are you that desperate for internet points that you have to do copy-pasta from LinkedIn?