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The Ugly Truth About Spotify Is Finally Revealed(www.honest-broker.com)

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DeadNinja@lemmy.world
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Bienenvolk@feddit.org
7 points

Did they? Couldn’t find an announcement on the fly.

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Chaotic Entropy@feddit.uk
6 points
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They laid off 10% of their workforce last year, and like 20% of the remaining work force late this year with cuts to engineering expected. It is not in a healthy place, seemingly, and they cover a very small slither of the market.

Edit: Couldn’t find the exact article I had read before but this one seems well formatted. https://www.headphonesty.com/2024/12/tidal-bets-future-artists-djs/

It doesn’t help that their parent company makes so little from them compared to a series of crypto ventures, but what can really compare to that.

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Bienenvolk@feddit.org
3 points

Boy, that’s a bummer. Thanks for the information, I’ve missed that.

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