Evidence #4564734 that these CEOs are more figure heads and actual strategist and absolutely do not deserve the multi-million dollar packages they constantly give themselves
this post was submitted on 24 Apr 2024
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That title 😂 would make a good cross post for NotTheOnion
People keep trying to paint every CEO as this smart and hardworking class of people. We continue to see it isn't true.
People tend to hero worship others who don't deserve to be.
There are a lot of smart hardworking CEOs. But none of them ever seem to get to this level. At some line in the sand CEOs just become idiots playing chess (poorly) from their yachts.
Good leaders that care about their company seem to universally get pushed out at IPO.
Good CEOs are bad for short term profits because they're more interested in keeping their company alive longterm.
well ya, the very nature of the shareholder system demands short term profits, the rug pull has become the industry norm, dismantle the company to make your numbers seem better, inflating value, and sell before it collapses, find your next ~~victim~~ "investment opportunity" and repeat
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gonna just go ahead and guess the shithead didn't start carrying the pager after the layoffs.
HAHAHA I’m so glad I was one of them customers that stopped subscribing right at that parabolic curve. Eat it you nasty Joe rogan loving Covid denying fucking dirtbags. you fucking deserve it.
Yup I canceled my sub when they went exclusive with Joe Rogan. I'm not spending a penny to support that douche canoe.
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I am somewhat happy I never joined spotify.
Seems like a monopoly that everyone belongs too. Yet they never really had the music I was after anyways.
Wouldn't call them a monopoly, at least not for music as there are alternatives.
Anyone know a good service I can switch to instead? (Besides fkn youtube services?)
I'm pretty happy with Tidal
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December 2023:
“Economic growth has slowed dramatically and capital has become more expensive. Spotify is not an exception to these realities,” Ek wrote in a letter to staff posted to the company’s website.
Today
The music streamer enjoyed record quarterly profits of €168 million ($179 million) in the first three months of 2024, enjoying double-digit revenue growth to €3.6 billion ($3.8 billion) in the process.
What do 10,000 workers do at a company that's primarily focused on a music streaming app?? I guess it just adds up, but I cannot wrap my head around that many people working on mainly 1 project. Are there just a bunch of behind the scenes projectswI don't know about? Like what are they all doing 😂
Edit: I think my comment was taken as agreeing with laying off workers. I completely disagree with that! I'm genuinely just curious what they are all doing.
It takes a village to run a global highly available service for hundreds of millions of users.
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yeah maybe if this dumbass ran his own publishing house he would be making some fucking money.
Shitposting aside, publishing industries pull in literally billions a year. They're the ones pushing music to spotify. Spotify makes almost no money, ever. Artists barely make money.
Spotify, if you're reading this, god i hope not, let artists self publish.
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What an incredible website. Use of page you go to read their privacy policy is blocked by the popup that requires you to accept their privacy policy before continuing to use their site.
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Even if he can see it, hes not likely gonna fix it