Spotify CFO out after mass layoffs

Question

https://variety.com/2023/music/news/spotify-cfo-paul-vogel-exits-1235827992/Can't say I'm super surprised here with how seemingly oddly managed the Spotify finances were.

aoachoa · Accepted Answer

Yeah their full send investment into podcasts was a disaster, it's no wonder they're looking for something fresh. Will be interesting to see what route they go and how that might change things up.

NoManches · Answer

They will never be profitable- they cant compete w mega corporations… they can only hope to be acquired

Mboro · Answer

Anyone have thoughts on him cashing out 4.5 million of stocks the day after the price jumped 7.5% with the layoffs? Seems sketchy to me.

embers · Answer

This is what taking full responsibility looks like

1967813642 · Answer

Hello daddy I need my salary in Bangladesh bank

Spotify CFO out after mass layoffs

Spotify Parts Ways With CFO Paul Vogel After Massive Layoffs

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