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Spotify announces plans to layoff 17% of workforce in 3rd round of cuts this year

Published

7 months ago

on

abc13.com – AP – 2023-12-04 09:33:58

SUMMARY: Spotify is cutting 17% of its global workforce, about 1,500 employees, as part of a cost-cutting effort to become profitable. CEO Daniel Ek announced the layoffs in a blog post, citing the need for a “leaner structure” to ensure profitability. The company had previously invested heavily in expansion, content, and marketing, but changes in the economic environment have made cost reduction necessary. Spotify posted a net loss of 462 million euros in the nine months leading up to September. This is the third round of layoffs for Spotify this year, following cuts of 6% in January and 2% in June. Other tech companies have also announced significant job cuts in 2023.

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The post Spotify announces plans to layoff 17% of workforce in 3rd round of cuts this year appeared first on abc13.com

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Hurricane Beryl knocks out power to Victoria Ma’s Westbury home, where burglar broke in, she says

Published

27 mins ago

on

July 10, 2024

By

abc13.com – Miya Shay – 2024-07-10 19:27:23

SUMMARY: Hurricane Beryl caused widespread power outages in the Houston area, leaving Victoria Ma’s home vulnerable to looters who broke in through a shattered glass door while she stayed at a friend’s house. Ma returned to find extensive damage, attributing the lack of electricity to a fallen tree. Neighbor Linda Anselmo expressed concerns about the prolonged power outage, affecting their neighborhood severely. While police arrested individuals for burglaries in the area, Ma remains frustrated, citing ongoing repairs and uncertainty about the culprits being caught. The Houston Police Department stated that multiple incidents of break-ins occurred during the power outage.

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The post Hurricane Beryl knocks out power to Victoria Ma’s Westbury home, where burglar broke in, she says appeared first on abc13.com

Post Views: 6

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TCSO asks for public's help to find missing 11-year-old last seen in north Austin

Published

2 hours ago

on

July 10, 2024

By

www.kxan.com – Erica Pauda – 2024-07-10 18:15:08

SUMMARY: The Travis County Sheriff's Office is seeking public assistance to find 11-year-old Julian Giovanni Garcia, who was last seen on Wednesday in north Austin, particularly around Robert I Walker Boulevard. There is a possibility he might also be in the Round Rock area. Julian is described as 4 feet 10 inches tall, weighing around 110 pounds, with brown hair and brown eyes. A photo of him has been shared by the TCSO. Anyone with information is urged to contact the Travis County Sheriff's Office at 512-854-1444.

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The post TCSO asks for public's help to find missing 11-year-old last seen in north Austin appeared first on www.kxan.com

Post Views: 10

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Texas News

Abandoned baby found: His brother was found dead, his mother was arrested before this baby was found crawling by Louisiana highway

Published

3 hours ago

on

July 10, 2024

By

abc13.com – AP – 2024-07-10 17:16:43

SUMMARY: A “miracle baby” in Louisiana survived two days of harsh weather before being found by a truck driver after his 4-year-old brother was discovered dead and their mother, Aaliyah Jack, was arrested. The baby, with numerous bug bites, appeared in good condition. The elder child was found in a lake, and autopsy reports are pending. Authorities, initially fearing for the baby’s life, prepared to search the water but were notified of the baby by a truck driver. Jack faces charges for failing to report a missing child and awaits extradition to Louisiana. The investigation continues, with no other charges currently pending.

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The post Abandoned baby found: His brother was found dead, his mother was arrested before this baby was found crawling by Louisiana highway appeared first on abc13.com

Post Views: 12

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