Alexa, play Rihanna's "Same Ol' Mistakes" on Spotify
Another week, another round of layoffs. Following announcements of cuts from Microsoft and Amazon, Spotify is the latest to blame macroeconomic effects. In the media company's case, the layoffs affect 6% of its total employee base, or 600 people. Per CEO Daniel Ek: "I was too ambitious in investing ahead of our revenue growth."
Even for pros with highly marketable hard tech skills, losing a job sucks. If you've been affected by Big Tech downsizing, we want to hear from you: How are you processing the news? Are you taking a beat to recover, or diving into the job search? How did company leadership handle it? Any advice for others in the same situation? Reply to this email to share, and thanks.