The latest tech company to announce layoffs is speaker-maker Sonos. It is reducing its workforce by 7% – around 130 people.
Short video app Tiki has announced that it will shut down on 27 June, blaming ‘the recent challenges faced by the tech industry’
Streaming startup Gimme Radio is shutting down. Is this an example of chilly funding headwinds blowing for other music-tech startups?
Warner Music group is laying off 270 people, but said it’s “not a blanket cost-cutting exercise”. We have some thoughts on the implications.
Twitch is laying off 400 employees as part of wider cuts announced yesterday by its parent company Amazon.
As 2023’s economic headwinds continue to bite, US satellite radio firm SiriusXM has become the latest company to announce a round of layoffs.
This report aims to provide cut-through on the big issues that we think will dominate 2023. In it, we’ve isolated the innovative ideas from some of the most influential thinkers across the music industry – and then drawn out the key learnings for you to take forward as the year unfolds. In this report, four key perspectives on the coming year: […]
Spotify has announced a round of layoffs as part of what CEO Daniel Ek called an effort “to bring our costs more in line”.
Meta, Amazon and Microsoft have recently announced thousands of layoffs, and on Friday it was the turn of Google and YouTube’s parent firm.
Last time SoundHound pinged our radar, it was preparing plans to go public via a SPAC merger with a $2.1bn valuation.
In the wake of TikTok’s ban in India, Moj prospered. However, its parent company ShareChat is having to make cutbacks now.
Thought you’d heard the last of the UK’s parliamentary inquiry into the economics of music streaming. Soz, but no.