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== Developments == | == Developments == | ||
''See: [[Company News | ''See: [[Company News#Spotify]]'' | ||
* Spotify Technology SA (SPOT.N) said it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million. <ref>https://12ft.io/proxy?q=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fspotify-trim-6-workforce-2023-01-23%2F</ref> | * Spotify Technology SA (SPOT.N) said it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million. <ref>https://12ft.io/proxy?q=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fspotify-trim-6-workforce-2023-01-23%2F</ref> | ||
* Activist ValueAct takes stake in Spotify. Morfit didn’t elaborate on the size of the Spotify investment. <ref>https://www.bloomberg.com/news/articles/2023-02-10/valueact-takes-spotify-stake-backs-streaming-leader-s-cost-cuts</ref> | * Activist ValueAct takes stake in Spotify. Morfit didn’t elaborate on the size of the Spotify investment. <ref>https://www.bloomberg.com/news/articles/2023-02-10/valueact-takes-spotify-stake-backs-streaming-leader-s-cost-cuts</ref> | ||