return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 years agoSpotify axes 17% of workforce in third round of layoffs this yearapnews.comexternal-linkmessage-square52fedilinkarrow-up1291arrow-down17
arrow-up1284arrow-down1external-linkSpotify axes 17% of workforce in third round of layoffs this yearapnews.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square52fedilink
minus-squareGenEcon@lemm.eelinkfedilinkEnglisharrow-up7arrow-down3·2 years agoSpotify made this quarter the first time a profit since it existence. So if you think artists aren’t paid enough, its either of these three: We pay too little for consuming music. The record labels take a too big share. Spotify is really inefficient and could pay out more if they work more efficiently. The only thing not possible is Spotify taking all the profit since they don’t make any.
Spotify made this quarter the first time a profit since it existence. So if you think artists aren’t paid enough, its either of these three:
We pay too little for consuming music.
The record labels take a too big share.
Spotify is really inefficient and could pay out more if they work more efficiently.
The only thing not possible is Spotify taking all the profit since they don’t make any.