You left off: 5. Cut your losses and keep whatever cash stores you can for the storm to come. We have zero insight into what the Spotify execs are seeing. May

You left off: 5. Cut your losses and keep whatever cash stores you can for the storm to come. We have zero insight into what the Spotify execs are seeing. Maybe ad revenue is already down. Maybe subscriptions aren’t renewing. Maybe costs are increasing. Sometimes, the best thing to do is cut some employees now, so you don’t have to cut more later.