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> when the money wasn’t there What about when the money is there? Spotify is profitable.
by morelisp 3y ago
> when the money wasn’t there
What about when the money is there? Spotify is profitable.
- explaininjs 3y agoBarely, and only after their previous layoffs this year.
- morelisp 3y ago... so the money is there.
- explaininjs 3y agoAnd it will be when they rehire later :)
- nkohari 3y agoCompanies don't stay profitable by investing in unprofitable markets, though. If they don't think this approach is going to work out long-term, they should stop spending money on it, even if that means reducing headcount.