The Company
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| Address | Caferağa Mahallesi, Sakız Gülü Sk. No:30, 34710 Kadıköy/İstanbul |
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| Hours | Closed ⋅ Opens 10AM |
| Phone | (0216) 700 29 99 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 660745 |
About The Company
Where is the The Company
Booking. com users angry at firm's response to hacks
... com users have spoken of their anger at The Company s failure to stop them falling victim to cyber-criminals...
Spotify to axe 1,500 workers to save costs
...By Nick EdserBusiness reporterSwedish music-streaming giant Spotify has announced it is cutting 17% of its workforce, about 1,500 jobs, as The Company seeks to clampdown on costs...
Water firm wrongly downgraded pollution events, documents suggest
... As a reward for this good performance, The Company will be allowed to raise £5...
A young couple's ordeal captivates Chinese internet
... Life seemed like it was back on track - but they said The Company still owed them a 20,000-yuan rebate, which they had been asking for over months...
How weather apps are trying to be more accurate
... " He also says that if there is a wildfire, The Company can predict the direction of the smoke, the severity, and the temperature...
XL bully ban: Fears move could increase dog attacks
... The Company has about 900 practices, which is of the UK market...
Shea Ryan: Mother to sue firm over boy's manhole death
... The Company, which said it " fully accepted" the ruling, was also told it would need to pay a victim surcharge of £60,000...
Solar panels used by British Army linked to claims of forced labour in China
... A spokesperson for JA Solar said The Company was " strongly committed to ensuring that our operations and supply chain are free from any form of forced labour"...
Spotify to axe 1,500 workers to save costs
By Nick EdserBusiness reporter
Swedish music-streaming giant Spotify has announced it is cutting 17% of its workforce, about 1,500 jobs, as The Company seeks to clampdown on costs.
Chief executive Daniel Ek said he had made the " difficult" decision with Economic Growth slowing " dramatically".
Spotify employs about 9,000 people, and Mr Ek said " substantial action to rightsize our costs" was needed for The Company to meet its objectives.
He added he understood the cuts would be " incredibly painful for our team".
" I recognize this will impact A Number of individuals who have made valuable contributions" " To be blunt, many smart, talented and hard-working people will be departing us. "
But the plans announced on Monday dwarf those previous plans.
In its latest results, Spotify had reported a profit of €65m (£55. 7m) for the three months to September - its first quarterly profit for More Than a Year - helped by price rises and higher subscriber numbers.
Mr Ek said that given the recent " positive" results, The Job cuts being announced " will feel surprisingly large" for many people.
He Said Spotify had considered making smaller reductions during 2024 and 2025, But decided that more drastic action was needed to improve The Company 's finances.
Since it launched, Spotify has spent a lot of money on growing The Business , and in securing exclusive content such as podcasts created by the likes of Michelle and Barack Obama as well as The Duke and Duchess of Sussex.
The Deal with Harry and Meghan cost a reported $25m (£19. 7m) and saw just 12 episodes delivered over two and a half years before The Deal ended in June.
Commenting on podcast content, Mr Ek told The Bbc in September : " The Truth of The Matter is some of it has worked, some of it hasn't. "
Related TopicsSource of news: bbc.com