This is an anecdote, and maybe it's just coincidental timing, but these kinds of operational choices do not work well in a company focused on a single product across multiple devices. Losing so many workers so quickly means a loss in productivity on the issues the platform has, and Spotify has many. Since November there has been an issue on PS5 where any podcast over an hour will not play on PlayStation(so, basically all podcasts). People have figured out the issue, and Spotify has not moved on it.
When you offer a single service and the benefit is being device agnostic, "cutting costs" by wasting time hiring people you probably didn't need to hire only to fire them a year or two later means an amplified disruption that will lose customers.
But hey, board members who jerk each other off once a month in a conference call who are already rich made a little more money by hiring a bunch of people only to fire them later and at a huge operational waste.
When you offer a single service and the benefit is being device agnostic, "cutting costs" by wasting time hiring people you probably didn't need to hire only to fire them a year or two later means an amplified disruption that will lose customers.
But hey, board members who jerk each other off once a month in a conference call who are already rich made a little more money by hiring a bunch of people only to fire them later and at a huge operational waste.
This is how our world works and it's bs.