That is why companies such as Spotify don't focus on cost savings as much as people here seem to think they should. A focus on cost savings inevitably means bur

That is why companies such as Spotify don't focus on cost savings as much as people here seem to think they should. A focus on cost savings inevitably means bureaucracy which means time spent on that instead of on product features. That means not just less growth for the stock markets but also more attrition due to good engineers hating the process. Of course at some point it's unsustainable but right until that moment it makes perfect sense. edit: And that moment depends not just on costs but the growth rate of the company so it's almost impossible to predict ahead of time (otherwise wall street investing would be a lot more boring).