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Friday, March 1, 2024

The spreadsheet revealing who acquired reduce at Spotify

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Properly, it’s been a messy, messy week. Right this moment, I take a look on the departure of Spotify CFO Paul Vogel, who (as first reported by Podnews) bought thousands and thousands price of inventory on Tuesday. Plus, different key Spotify layoffs and the podcast obtain fallout of Apple’s iOS 17.

In a fully chaotic week for Spotify, the most important layoff of all dropped on Thursday night: Paul Vogel, who has been the corporate’s CFO for almost 4 years, will depart in March. The information, which got here after it was disclosed that he had bought $9.38 million price of shares the day after the layoffs, was delivered by an atypically terse press release that made it clear Spotify’s management wasn’t glad with Vogel’s skill to do the job.

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