Spotify's CFO is out days after mass layoffs

  • The very same person who just cashed off his shares to take advantage of the jump in price following the layoffs announcement:

    https://news.ycombinator.com/item?id=38557283

  • Maybe he forgot to remove himself from the excel file with all employees doing a =RAND() to determine who's out.

  • And who made the decision to go big on podcasts? And audio books? How are those efforts paying off? Obviously, the CFO has responsibilities, but they also don't act alone.

  • > as the company doubles down on margin over growth

    Is this a strategy more companies should be looking at?

  • The more I read about Spotify and its woes, the more I feel that itโ€™s really the hot-headed CEO/founder that needs to be fired. Has he tried taking any responsibility yet?

  • Wonder if this will help right the ship with Spotify. Any thoughts?